Last Modified: 12/30/2020
Location: FL, PR, USVI
Business: Part A, Part B
Effective date: January 1, 2020
Implementation date: January 6, 2020
The Centers for Medicare & Medicaid Services (CMS) issued the 2021 deductibles, coinsurance, and premium rates for beneficiaries covered through the Medicare fee for service program. The 2021 deductible, coinsurance and base premium rates are:
• $371.00 a day for days 61 through 90
• $742.00 a day for days 91 through150 (lifetime reserve days)
• $185.50 a day for days 21 through 100 (Skilled nursing facility coinsurance)
Under Part B of the Medicare supplementary medical insurance (SMI) program, enrollees are subject to a monthly premium. Most SMI services are subject to an annual deductible and coinsurance (percent of costs that the enrollee must pay), which are set by statute.
Standard premium: $148.50 a month
Deductible: $203.00 a year
Details are available in MLN Matters®
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