There is an update in Medicare deductible, coinsurance, and premium rates for the calendar year 2021. Keep reading to find out more!
Policy: 2021 Part A – Hospital Insurance
• Part A Deductible
o $1,484.00
• Part A Coinsurance
o $371.00 a day for days 61 through 90
o $742.00 a day for days 91 through150 (lifetime reserve days)
o $185.50 a day for days 21 through 100 (Skilled nursing facility coinsurance)
2021 Part B – Supplementary Medical Insurance (SMI)
• Part B Standard Premium
o $148.50 a month
• Part B Deductible
o $203.00 a year
Source: https://www.cms.gov/files/document/mm12024.pdf
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