CMS Announces 2022 Medicare Premiums and Deductibles
On November 18, 2021 by Jonathan Lips
The Centers for Medicare & Medicaid Services have released the 2022 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs.
Medicare Part B Premiums/Deductibles
The standard monthly premium for Medicare Part B enrollees will be $170.10 for 2022, an increase of $21.60 from $148.50 in 2021. The annual deductible for all Medicare Part B beneficiaries is $233 in 2022, an increase of $30 from the annual deductible of $203 in 2021. CMS attributes these significant increases to various factors, including rising prices and utilization across the health care system and the need for contingency reserves due to the uncertainty regarding the potential use of the Alzheimer's drug, Aduhelm™, by people with Medicare.
Medicare Part A Premiums/Deductibles
The Medicare Part A inpatient hospital deductible that beneficiaries pay if admitted to the hospital will be $1,556 in 2022, an increase of $72 from $1,484 in 2021. For beneficiaries in skilled nursing facilities, the daily coinsurance for days 21 through 100 of extended care services in a benefit period will be $194.50 in 2022 ($185.50 in 2021).
For additional information on the 2022 Medicare Parts A & B premiums and deductibles, see this CMS fact sheet.