The Nation - News from Sept. 30, 1988
- Share via
The one-time deductible that Medicare beneficiaries will have to pay out of their own pockets if hospitalized next year will be $560, the Department of Health and Human Services announced. That is an increase of $20 from this year and goes along with a $3.10-per-month rise in the optional Part B premium that helps pay doctor bills. Because of new provisions in the catastrophic health insurance law that will take effect Jan. 1, there will be only a one-time hospital deductible for Medicare beneficiaries next year no matter how many times they might be hospitalized. Under existing law, the deductible--$540 in 1988--could be charged for each hospitalization.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
