Home Health & Hospice Week

Part B Medicare premiums for your patients will go down next year, but their Part A deductible and copays will go up.

The standard monthly premium for Medicare Part B enrollees will be $164.90 for 2023, a decrease of $5.20 from $170.10 in 2022, the Centers for Medicare & Medicaid Services says in a release. The annual deductible for all Medicare Part B beneficiaries is $226 in 2023, a decrease of $7 from $233 this year. The drop is related to lower-than-projected spending on the Alzheimer’s drug Aduhelm and other Part B items and services, CMS says.

The Medicare Part A inpatient hospital deductible will be $1,600 in 2023, an increase of $44 from $1,556 in 2022. In 2023, beneficiaries must pay a coinsurance amount of $400 per day for the 61st through 90th day of a hospitalization ($389 in 2022) in a benefit period and $800 per day for lifetime reserve days ($778 in 2022). For beneficiaries in skilled nursing facilities, the daily coinsurance for days 21 through 100 will be $200.00 in 2023 ($194.50 in 2022), CMS details. Home health and hospice, of course, do not have copays at this time.

About 99 percent of Medicare beneficiaries do not have a Part A premium since they have at least 40 quarters of Medicare-covered employment, CMS notes.