Tag: CMS

Medicare Announces Part B Deductible for 2021

Medicare Announces Part B Deductible for 2021

Recent legislation signed by President Trump significantly dampened the 2021 Medicare Part B premium increase that would have occurred, given the estimated growth in Medicare spending next year. The standard monthly premium for Medicare Part B enrollees will be $148.50 in 2021, an increase of $3.90 from $144.60 in 2020. CMS also announced that the annual deductible for Medicare Part B beneficiaries is increasing.

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TAKE ACTION NOW! Help STOP Massive Medicare Cuts

TAKE ACTION NOW! Help STOP Massive Medicare Cuts

The Centers for Medicare and Medicaid Services (CMS) issued a proposed rule that would make changes for Medicare payments under the Physician Fee Schedule (PFS) for 2021. When making changes, HHS is required to achieve budget neutrality which means for any increase there must be a decrease elsewhere. Therefore, under this rule, some codes received increases and others were significantly reduced.

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