Medicare coinsurance is the amount you must pay after satisfying your Medicare Part A or Part B deductible. Medicare Part A has a per admission deductible ($1184 in 2013). After paying your deductible most hospital charges are covered by Medicare for the first 60 days. After that Medicare pays a portion and you pay the rest (coinsurance).
Medicare Part B also has a deductible ($147 in 2013). After that, Medicare pays 80% of approved plans and you pay the coinsurance, or the remaining 20%.
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Medicare Part B also has a deductible ($147 in 2013). After that, Medicare pays 80% of approved plans and you pay the coinsurance, or the remaining 20%.