Medicare Fair Hospital Deductible Act

Medicare Fair Hospital Deductible Act - Amends title XVIII (Medicare) of the Social Security Act to change the date by which the Secretary of Health and Human Services must determine the inpatient hospital deductible for the year. Limits the increase in such deductible to no more than the cost-of-living increase reflected in benefit payments under title II (Old Age, Survivors and Disability Insurance) of the Act.

Provides that the extended care coinsurance amount for any spell of illness in any year shall equal one-twelfth of the inpatient hospital deductible for illnesses beginning in such year.