HEALTH 2022 Medicare Parts A & B Premiums and Deductibles/2022

marsh

On TB every waking moment

2022 Medicare Parts A & B Premiums and Deductibles/2022 Medicare Part D Income-Related Monthly Adjustment Amounts
'
Nov 12, 2021

On November 12, 2021, the Centers for Medicare & Medicaid Services (CMS) released the 2022 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2022 Medicare Part D income-related monthly adjustment amounts.

Medicare Part B Premium and Deductible

Medicare Part B covers physician services, outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Medicare Part A.

Each year the Medicare Part B premium, deductible, and coinsurance rates are determined according to the Social Security Act. 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.

The increases in the 2022 Medicare Part B premium and deductible are due to:

  • Rising prices and utilization across the health care system that drive higher premiums year-over-year alongside anticipated increases in the intensity of care provided.
  • Congressional action to significantly lower the increase in the 2021 Medicare Part B premium, which resulted in the $3.00 per beneficiary per month increase in the Medicare Part B premium (that would have ended in 2021) being continued through 2025.
  • Additional contingency reserves due to the uncertainty regarding the potential use of the Alzheimer’s drug, Aduhelm™, by people with Medicare. In July 2021, CMS began a National Coverage Determination analysis process to determine whether and how Medicare will cover Aduhelm™ and similar drugs used to treat Alzheimer’s disease. As that process is still underway, there is uncertainty regarding the coverage and use of such drugs by Medicare beneficiaries in 2022. While the outcome of the coverage determination is unknown, our projection in no way implies what the coverage determination will be, however, we must plan for the possibility of coverage for this high cost Alzheimer’s drug which could, if covered, result in significantly higher expenditures for the Medicare program.
Medicare Open Enrollment and Medicare Savings Programs

Medicare Open Enrollment for 2022 began on October 15, 2021, and ends on December 7, 2021. During this time, people eligible for Medicare can compare 2022 coverage options between Original Medicare, and Medicare Advantage, and Part D prescription drug plans. In addition to the recently released premiums and cost sharing information for 2022 Medicare Advantage and Part D plans, the Fee-for-Service Medicare premiums and cost sharing information released today will enable people with Medicare to understand all their Medicare coverage options for the year ahead. Medicare health and drug plan costs and covered benefits can change from year to year, so people with Medicare should look at their coverage choices annually and decide on the options that best meet their health needs.

To help with their Medicare costs, low-income seniors and adults with disabilities may qualify to receive financial assistance from the Medicare Savings Programs (MSPs). The MSPs help millions of Americans access high-quality health care at a reduced cost, yet only about half of eligible people are enrolled. The MSPs help pay Medicare premiums and may also pay Medicare deductibles, coinsurance, and copayments for those who meet the conditions of eligibility. Enrolling in an MSP offers relief from these Medicare costs, allowing people to spend that money on other vital needs, including food, housing, or transportation. People with Medicare interested in learning more can visit: Medicare Savings Programs | Medicare.

Medicare Part B Income-Related Monthly Adjustment Amounts
(read the rest on website)

[COMMENT: So they will take all of our COLA which was supposed to compensate for inflation, and more. Seniors are going to be eating cat food again.]
 

Publius

TB Fanatic
we are not old enough to apply for that and with the resent injury I got our insurance has covered a large part of the bills that are just now showing up there is one bill that is slow getting here and that was for the transport to Farefax Va.
 

Terrwyn

Veteran Member
I saw this yesterday. Going to eat up the increase in SS. As for the food giveaways one pantry we give to I've sat and watched recipients and it is not complicated to tell who really needs it and which are ripping off the system. And plenty are especially the ones where you don't have to offer proof of income.
 

fish hook

Deceased

2022 Medicare Parts A & B Premiums and Deductibles/2022 Medicare Part D Income-Related Monthly Adjustment Amounts
'
Nov 12, 2021

On November 12, 2021, the Centers for Medicare & Medicaid Services (CMS) released the 2022 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2022 Medicare Part D income-related monthly adjustment amounts.

Medicare Part B Premium and Deductible

Medicare Part B covers physician services, outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Medicare Part A.

Each year the Medicare Part B premium, deductible, and coinsurance rates are determined according to the Social Security Act. 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.

The increases in the 2022 Medicare Part B premium and deductible are due to:

  • Rising prices and utilization across the health care system that drive higher premiums year-over-year alongside anticipated increases in the intensity of care provided.
  • Congressional action to significantly lower the increase in the 2021 Medicare Part B premium, which resulted in the $3.00 per beneficiary per month increase in the Medicare Part B premium (that would have ended in 2021) being continued through 2025.
  • Additional contingency reserves due to the uncertainty regarding the potential use of the Alzheimer’s drug, Aduhelm™, by people with Medicare. In July 2021, CMS began a National Coverage Determination analysis process to determine whether and how Medicare will cover Aduhelm™ and similar drugs used to treat Alzheimer’s disease. As that process is still underway, there is uncertainty regarding the coverage and use of such drugs by Medicare beneficiaries in 2022. While the outcome of the coverage determination is unknown, our projection in no way implies what the coverage determination will be, however, we must plan for the possibility of coverage for this high cost Alzheimer’s drug which could, if covered, result in significantly higher expenditures for the Medicare program.
Medicare Open Enrollment and Medicare Savings Programs

Medicare Open Enrollment for 2022 began on October 15, 2021, and ends on December 7, 2021. During this time, people eligible for Medicare can compare 2022 coverage options between Original Medicare, and Medicare Advantage, and Part D prescription drug plans. In addition to the recently released premiums and cost sharing information for 2022 Medicare Advantage and Part D plans, the Fee-for-Service Medicare premiums and cost sharing information released today will enable people with Medicare to understand all their Medicare coverage options for the year ahead. Medicare health and drug plan costs and covered benefits can change from year to year, so people with Medicare should look at their coverage choices annually and decide on the options that best meet their health needs.

To help with their Medicare costs, low-income seniors and adults with disabilities may qualify to receive financial assistance from the Medicare Savings Programs (MSPs). The MSPs help millions of Americans access high-quality health care at a reduced cost, yet only about half of eligible people are enrolled. The MSPs help pay Medicare premiums and may also pay Medicare deductibles, coinsurance, and copayments for those who meet the conditions of eligibility. Enrolling in an MSP offers relief from these Medicare costs, allowing people to spend that money on other vital needs, including food, housing, or transportation. People with Medicare interested in learning more can visit: Medicare Savings Programs | Medicare.

Medicare Part B Income-Related Monthly Adjustment Amounts
(read the rest on website)

[COMMENT: So they will take all of our COLA which was supposed to compensate for inflation, and more. Seniors are going to be eating cat food again.]
Who can afford cat food?
 

Craftypatches

Veteran Member
I figured this new increase of social security which they bragged about really feeds the other hand but always ends up being less for seniors! Do they think we are that stupid to think they would actually want to help seniors? When it comes to senior citizens, never get your cart before the horse! You’ll lose every time With the gov!
 

hiwall

Has No Life - Lives on TB
The COLA increase never is enough to cover inflation. We have a COLA increase in 2022 of 5.9% when inflation is more like 15%+.
Every year it is that way and that is one reason why our government keeps "adjusting" how inflation is figured. It is to keep Their costs down and maybe keep SS low enough to kill many recipients which lowers their costs even more. Plus getting rid of more non-producers. While all those in CONgress and their cronies become multi-millionaires.
SS goes up 5.9% to match inflation while Medicare cost goes up by 14.5% to match inflation. Proof right there.
 

lonestar09

Veteran Member
According to Joe, i will be getting free money added back to my social security check each month. So this really doesn’t affect me. At least that is what he said on the commercial
 

kochevnik

Senior Member
Medicaid Estate Recovery Program


Make sure you understand how all this REALLY works - Medicaid (not Medicare) can take your house and all your assets when you die - but the MSP programs mentioned above are NOT part of the Medicaid Estate Recovery Program.
 

anna43

Veteran Member
The many people who depend on food pantries are in a vulnerable position as the pressure on those resources increases. As people and businesses that donate are unable to donate or donate as much due to inflation affecting them, food pantries will have less and less for those that depend on them. Bad situation all around.

To qualify for Medicaid you have to be broke. If you are the last owner of the house then it will need to be sold and funds expended before you qualify for Medicaid. If your spouse is still alive and living in the house, then Medicaid takes a lien against the property for when its sold. I personally feel that an individual should take responsibility for themselves as much as possible so its only right that your assets should be used for your care. My mom's assets were exhausted two months before she turned 100. Everything is gone so now she's on Medicaid. My mother-in-law's assets lasted through the first years (of six) she was in the nursing home then she was on Medicaid. Both ladies lived frugal lives so until they entered care facilities were able to stretch the funds to the max. Both were in the "gap" group of Social Security which meant their benefits were lower than those before the "gap" and those after. I don't understand the "gap" but it exists.
 

Mprepared

Veteran Member
The many people who depend on food pantries are in a vulnerable position as the pressure on those resources increases. As people and businesses that donate are unable to donate or donate as much due to inflation affecting them, food pantries will have less and less for those that depend on them. Bad situation all around.

To qualify for Medicaid you have to be broke. If you are the last owner of the house then it will need to be sold and funds expended before you qualify for Medicaid. If your spouse is still alive and living in the house, then Medicaid takes a lien against the property for when its sold. I personally feel that an individual should take responsibility for themselves as much as possible so its only right that your assets should be used for your care. My mom's assets were exhausted two months before she turned 100. Everything is gone so now she's on Medicaid. My mother-in-law's assets lasted through the first years (of six) she was in the nursing home then she was on Medicaid. Both ladies lived frugal lives so until they entered care facilities were able to stretch the funds to the max. Both were in the "gap" group of Social Security which meant their benefits were lower than those before the "gap" and those after. I don't understand the "gap" but it exists.

When my husband had cancer he finally had to quit working and lost his insurance and went on Medicaid. After he died I got a call that he had a bill of I think $170,000 or around there and that they would not do anything as long as I was alive but after I died anything in my name would be taken. If I sold my house right now, would they take the $170,000? I thought they could do nothing until I died. The woman I talked to said well you have to live, so you can sell your house and I said something about why would I fix the roof of Medicaid's house? Why should I make any payments on this house and just let it foreclose and she said I had to live and could send my money and buy and sell and when I died it was Medicaid's. I was thinking when I get this house paid off just selling it to my son for $1, but this lien, does it mean now while I am alive?
 

Mprepared

Veteran Member
Medicaid Estate Recovery Program


Make sure you understand how all this REALLY works - Medicaid (not Medicare) can take your house and all your assets when you die - but the MSP programs mentioned above are NOT part of the Medicaid Estate Recovery Program.

Looking at this my husband had me, his spouse living in the home and my name on the mortgage and a child under 21 living in the house at the time of his death, but I think Idaho is different.
 

Panner

Veteran Member
Very interesting that they have to raise the Medicare premium in their words due to increased cost. My health insurance provider did not raise the monthly premiums this year. They said the reason was that costs stayed about the same. Just another case of this rogue administration lying to the people.
 

AlfaMan

Has No Life - Lives on TB
we are not old enough to apply for that and with the resent injury I got our insurance has covered a large part of the bills that are just now showing up there is one bill that is slow getting here and that was for the transport to Farefax Va.

You mean Fairfax, Virginia? The Fairfax county fire and rescue dept. have a little known thing called "compassionate billing" when it comes to ambulance transport. If your'e in one of their ambulances for transport, the county will send you a bill for the service. If it's not paid, another bill will be sent around 2 months later. If that one isn't paid, they quit sending bills and you don't have to pay for the ambulance ride.
The county has the funding which takes care of the fire and rescue dept and you won't have to pay the bill at all. I didn't know about this service until after my big heart attack-Aetna ( our insurance) got the bill and paid it but a friend in the FD told us about the compassionate billing program.
 

Publius

TB Fanatic
You mean Fairfax, Virginia? The Fairfax county fire and rescue dept. have a little known thing called "compassionate billing" when it comes to ambulance transport. If your'e in one of their ambulances for transport, the county will send you a bill for the service. If it's not paid, another bill will be sent around 2 months later. If that one isn't paid, they quit sending bills and you don't have to pay for the ambulance ride.
The county has the funding which takes care of the fire and rescue dept and you won't have to pay the bill at all. I didn't know about this service until after my big heart attack-Aetna ( our insurance) got the bill and paid it but a friend in the FD told us about the compassionate billing program.


The ambulance transport is from Winchester Va based operation and they also have people on standby in Berkley county WV where it started, not sure on the mileage or how fast they were going but it took one hour and 45 minutes to get me to Fairfax. I expect them to bill us at lest $1,500. for the ride
 
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AlfaMan

Has No Life - Lives on TB
The ambulance transport is from Winchester Va based operation and they also have people on standby in Berkley county WV where it started, not sue on the mileage or how fast they were going but it took one hour and 45 minutes to get me to Fairfax. I expect them to bill us at lest $1,500. for the ride
Ouch! I hope insurance picks up the tab.
 
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