When Will 2021 Medicare Part B Premiums Be Announced

It s important to note that this figure only represents an estimate of 2022 part b premiums.
When will 2021 medicare part b premiums be announced. Last week the centers for medicare medicaid services cms announced the part b premiums and deductible amounts for 2021. Medicare part b premiums deductibles medicare part b covers physician services outpatient hospital services certain home health services durable medical equipment and certain other medical and health services not covered by medicare part a. On november 6 2020 the centers for medicare medicaid services cms released the 2021 premiums deductibles and coinsurance amounts for the medicare part a and part b programs.
If your modified adjusted gross income as reported on your irs tax return from 2 years ago is above a certain amount you ll pay the standard premium amount and an income related monthly adjustment amount irmaa. The standard monthly premium for medicare part b enrollees will be 148 50 in 2021 an increase of 3 90 from 144 60 in 2020. Here s a look at some of the costs that will apply in 2021 if you re enrolled in original medicare part a and part b.
This increase is less than the 9 10 increase we saw in 2019 2020 the annual deductible will be 203 an increase of 5. Medicare part b medical insurance. We ve compiled a summary of the most important change below.
Most people pay the standard part b premium amount. Cms also announced that the annual deductible for medicare part b beneficiaries is 203 in 2021 an increase of 5 from 198 in 2020. Medicare part b covers physician services outpatient services some home health services durable medical equipment dme and some other medical services.
2022 medicare part b cost projections. Actual 2022 premiums will be determined in the fall of 2021. The standard part b premium amount in 2021 is 148 50.
As it was announced on 11 06 20 the part b monthly premium will be 148 50 which is an increase of 3 90 from 2020. Irmaa is an extra charge added to your premium. Medicare part b premiums.