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Medicare Updates for the New Year

Medicare Updates for the New Year

Posted: January 5, 2021

JANUARY 2021

MEDICARE UPDATES FOR THE NEW YEAR

Did you know that the Part A & Part B Medicare deductibles can change each year? What about the per day charges for skilled nursing and inpatient hospitalization stays? Yep, you guessed it...those can change each year as well. 


Here's the good news though: 

WEA-MedPlus covers the Medicare deductibles and out-of-pockets costs no matter what they change to each year. Phew! Good thing WEA-MedPlus has you covered!

 

Here is a helpful chart of the Medicare out-of-pocket costs and how they changed from 2020 to 2021:


   Per Benefit Period  2020  2021
Medicare Part A
Inpatient Hospitalization
 First 60 days Medicare pays all but
$1,408 deductible per
benefit period
Medicare pays all but 
$1,484 deductible per
benefit period
 61st to 90th day Medicare pays all but 
$352 per day charge
per benefit period
Medicare pays all but 
$371 per day charge
per benefit period

 91st to 150th day
(after 91st day, using 60 lifetime reserve days)
Medicare pays all but
$704 per day charge
per benefit period
Medicare pays all but
$742 per day charge
per benefit period
Medicare Part A
Skilled Nursing Facility
 Days 1-20 Medicare pays 100%
of approved amounts
Medicare pays 100%
of approved amounts
 Days 21-60 Medicare pays all but
$176 per day charge
per benefit period
Medicare pays all but
$185.50 per day charge
per benefit period
 Days 61-100 Medicare pays all but
$176 per day charge
per benefit period
Medicare pays all but
$185.50 per day charge
per benefit period
Medicare Part B
Outpatient Medical Services
 Calendar Year Medicare pays 80% of
approved amount after
$198 deductible
 Medicare pays 80% of 
approved amount after
$203 deductible
Medicare Part B
Standard Premium
Monthly $144.60/month $148.50/month

Now you can sleep well knowing that you are covered from head to toe!

 

 

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