2022 Medicare Benefits Updates

Each year Medicare premiums, deductibles and co-insurance amounts are reviewed and updated by the Centers for Medicare and Medicaid Services – CMS. On November 22, 2021 the CMS  released the 2022 Medicare benefit details.

Medicare Part A covers hospital expenses:

 

Medicare Part B covers doctor visits, outpatient hospital services, certain home health services, durable medical equipment and certain prescription drugs:

 

Medicare Supplement Plans:

There are changes in Part B and Part D IRMAA – Income Related Monthly Adjustment Amounts in 2022.

2022 IRMAA amounts are determined using 2020 tax return and individuals who make more than $91 000 and couples who make more than $182 000 are subject to IRMAA.

Learn more about Part B and D IRMAA

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