The Medicare Part A deductible for inpatient hospital services will increase by $44 in calendar year 2023, to $1,600, the Centers for Medicare & Medicaid Services announced today. The Part A daily coinsurance amounts will be $400 for days 61-90 of hospitalization in a benefit period; $800 for lifetime reserve days; and $200 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 $7 in CY 2023 to $506, CMS announced. Certain voluntary enrollees eligible for a 45% reduction in the monthly premium will pay $278 in CY 2023.

The annual deductible for Medicare Part B will decrease by $7 in 2023 to $226, while the standard monthly premium for Medicare Part B will decrease by $5.20 to $164.90, CMS announced

Related News Articles

Headline
As the Medicare Payment Advisory Commission considers Medicare payment adequacy, AHA today encouraged the panel to recommend adding a one-time retrospective…
Perspective
There are many significant milestones in our nation’s history of voting. In 1776, America’s birth year, only white men age 21 and older who owned land were…
Headline
Senate Finance Committee Chairman Ron Wyden, D-Ore., today released a report confirming deceptive marketing practices by Medicare Advantage plans, which found…
Headline
AHA today released a new report and infographic showing how some commercial health insurers, including Medicare Advantage plans, can cause dangerous delays in…
Headline
The Centers for Medicare & Medicaid Services Friday finalized a rule updating Medicare enrollment and eligibility rules to strengthen coverage and ease…
Headline
Medicare open enrollment for 2023 began Saturday and runs through Dec. 7. During the annual open enrollment period, beneficiaries can review and change their…