2021 Medicare Parts A & B Premiums and Deductibles

 

The Centers for Medicare and Medicaid Services (CMS) recently announced their 2021 Copay/Deductibles. Listed below are basic costs for people with Medicare.

Features 2020 2021
Part A Inpatient Hospital Deductible $1,408 $1,484
Hospital Coinsurance
61-90 days
91-150 days (lifetime reserve)
$352
$704
$371
$742
Skilled Nursing Facility Care Coinsurance Days 21-100 $176.00 $185.50
Part B Physician’s Services and Supplies Deductibles $198.00 $203.00

 

The standard monthly premium for Medicare Part B will be $148.50 for 2021. This may be higher depending on your income.

For those who receive Social Security benefits, the average Part B premium will be about $148.50. Individuals will pay a different premium amount in 2021 if:

· They enroll in Part B for the first time in 2021.

· They don’t get Social Security benefits.

· They have Medicare and Medicaid, and Medicaid pays their premiums.

· Their modified adjusted gross income as reported on their IRS tax return from 2 years ago is above a certain amount.

  • See the table below for the income-related monthly adjusted premiums for Medicare Part B in 2021.

 

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