09/27/2022
2023 Medicare cost sharing amounts got released early this year!
The most important numbers are:
- Part B premium will be reduced next year to $164.90
- Part B deductible has also come down to $226 for the year
Once you factor in the likelihood of a significant increase in the cost of living adjustment (COLA) for Social Security income in 2023, folks on Medicare and Social Security should see a nice increase in their income!
Here's the full story: https://www.cms.gov/newsroom/fact-sheets/2023-medicare-parts-b-premiums-and-deductibles-2023-medicare-part-d-income-related-monthly
Anyone who has Medicare questions or needs help with Medicare supplemental insurance can call me at 866-240-8639.
On September 27, 2022, the Centers for Medicare & Medicaid Services (CMS) released the 2023 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2023 Medicare Part D income-related monthly adjustment amounts. Medicare Part B Premium and Deductible