Medicare 2021 Deductibles and Premiums Announced
The Centers for Medicare and Medicaid Services (CMS) has announced the 2021 Medicare Part A and Part B premiums and deductibles. In this article, I will provide you with what the premiums and deductibles are for 2021 and how the Medicare beneficiaries Part B deductible can impact the annual therapy threshold dollar amount dependent upon was the deductible met before or after they received outpatient physical, occupational and/or speech therapy services.
Question
What is the 2021 Medicare Part B deductible?
Answer
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Question
How does the Part B deductible impact the annual therapy threshold dollar amount?
Answer
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Question
What is the standard monthly premium for Medicare Part B enrollees?
Answer
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Question
What does Medicare Part A cover?
Answer
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Question
What is the Medicare Part A deductible in 2021 if admitted to the hospital?
Answer
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Question
What is the Medicare Part A co-insurance amount in 2021 if admitted to the hospital?
Answer
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Question
What is the Medicare Part A co-insurance amount in 2021 for days 21-100 if admitted to a skilled nursing facility?
Answer
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For a fact sheet on the 2021 Medicare Parts A & B premiums and deductibles, click
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To access the CMS Notice for the CY 2021 Inpatient Hospital Deductible and Hospital and Extended Care Services Coinsurance Amounts, click
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To access the CMS Notice for the Medicare Part B Monthly Actuarial Rates, Premium Rates, and Annual Deductible Beginning January 1, 2021, click
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Does this impact Medicare Advantage Plans? Specifically the deductible no longer being covered.
Traditional Medicare and Medicare Advantage are not the same. With Medicare Advantage, beneficiaries typically do not have a secondary insurance.
This was great information, thank you!!