Medicare Deductibles and Premiums Announced for 2021

The Centers for Medicare & Medicaid Services recently announced that the Medicare Part A deductible for inpatient hospital services will increase to $1,484 in calendar year 2021, up $76 from the current $1,408. The Part A daily coinsurance amounts will be:

  • $371 for days 61-90 of hospitalization in a benefit period.
  • $742 for lifetime reserve days.
  • $185.50 for days 21-100 of extended care services in a skilled nursing facility in a benefit period.

The monthly Part A premium, paid by beneficiaries who have fewer than 40 quarters of Medicare-covered employment and certain people with disabilities, will increase by $13 to $471 in 2021. The standard monthly premium for people with Medicare Part B will be $148.50 for 2021, an increase of $3.90 from 2020. Members with questions should contact Vickie Kunz at the MHA.