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2020-11-11
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Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rates, and Annual Deductible Beginning January 1, 2021
Notices
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United States
Department of Health and Human Services
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United States Government Agency or Subagency
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Centers for Medicare & Medicaid Services
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United States Government Agency or Subagency
This notice announces the monthly actuarial rates for aged (age 65 and over) and disabled (under age 65) beneficiaries enrolled in Part B of the Medicare Supplementary Medical Insurance (SMI) program beginning January 1, 2021. In addition, this notice announces the monthly premium for aged and disabled beneficiaries, the deductible for 2021, and the income-related monthly adjustment amounts to be paid by beneficiaries with modified adjusted gross income above certain threshold amounts. The monthly actuarial rates for 2021 are $291.00 for aged enrollees and $349.90 for disabled enrollees. The standard monthly Part B premium rate for all enrollees for 2021 is $148.50, which is equal to 50 percent of the monthly actuarial rate for aged enrollees (or approximately 25 percent of the expected average total cost of Part B coverage for aged enrollees) plus the $3.00 repayment amount required under current law. (The 2020 standard premium rate was $144.60, which included the $3.00 repayment amount.) The Part B deductible for 2021 is $203.00 for all Part B beneficiaries. If a beneficiary has to pay an income-related monthly adjustment, he or she will have to pay a total monthly premium of about 35, 50, 65, 80 or 85 percent of the total cost of Part B coverage plus a repayment amount of $4.20, $6.00, $7.80, $9.60 or $10.20, respectively.
85 FR 71904
https://www.govinfo.gov/app/details/FR-2020-11-12/2020-25029
2020-25029
fr12no20-44
RIN 0938-AU16
4120-01-P
CMS-8076-N
https://www.govinfo.gov/app/details/FR-2020-11-12/2020-25029
https://www.govinfo.gov/content/pkg/FR-2020-11-12/html/2020-25029.htm
https://www.govinfo.gov/content/pkg/FR-2020-11-12/pdf/2020-25029.pdf
10 p.
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85 FR 71904
Regulation Identification Number 0938-AU16
RIN 0938-AU16
Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rates, and Annual Deductible Beginning January 1, 2021; Federal Register Vol. 85, Issue
NOTICE
2020-25029
DEPARTMENT OF HEALTH AND HUMAN SERVICES
Centers for Medicare & Medicaid Services
2021-01-01
CMS-8076-N
4120-01-P
2020-25029
Notice.
This notice announces the monthly actuarial rates for aged (age 65 and over) and disabled (under age 65) beneficiaries enrolled in Part B of the Medicare Supplementary Medical Insurance (SMI) program beginning January 1, 2021. In addition, this notice announces the monthly premium for aged and disabled beneficiaries, the deductible for 2021, and the income-related monthly adjustment amounts to be paid by beneficiaries with modified adjusted gross income above certain threshold amounts. The monthly actuarial rates for 2021 are $291.00 for aged enrollees and $349.90 for disabled enrollees. The standard monthly Part B premium rate for all enrollees for 2021 is $148.50, which is equal to 50 percent of the monthly actuarial rate for aged enrollees (or approximately 25 percent of the expected average total cost of Part B coverage for aged enrollees) plus the $3.00 repayment amount required under current law. (The 2020 standard premium rate was $144.60, which included the $3.00 repayment amount.) The Part B deductible for 2021 is $203.00 for all Part B beneficiaries. If a beneficiary has to pay an income-related monthly adjustment, he or she will have to pay a total monthly premium of about 35, 50, 65, 80 or 85 percent of the total cost of Part B coverage plus a repayment amount of $4.20, $6.00, $7.80, $9.60 or $10.20, respectively.
The premium and related amounts announced in this notice are effective on January 1, 2021.
M. Kent Clemens, (410) 786-6391.
Medicare Program:
Medicare Part B Monthly Actuarial Rates, Premium Rates, and Annual Deductible Beginning January 1, 2021,
Federal Register
Vol. 85, no. 219
Office of the Federal Register, National Archives and Records Administration
2020-11-12
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https://www.govinfo.gov/app/details/FR-2020-11-12
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https://www.govinfo.gov/content/pkg/FR-2020-11-12/xml/FR-2020-11-12.xml
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