On October 12, 2023, the Centers for Medicare & Medicaid Services (CMS) released the 2024 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2024 Medicare Part D income-related monthly adjustment amounts.
The standard monthly premium for Medicare Part B enrollees will be $174.70 for 2024, an increase of $9.80 from $164.90 in 2023. Individuals with modified adjusted gross income in excess of $103,000 will pay a higher premium. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023.
The daily co-pay for rehabilitation days in a skilled nursing facility (days 21 – 100) will increase to $204.
Part A Deductible and Coinsurance Amounts for Calendar Years 2023 and 2024 by Type of Cost Sharing | ||
2023 | 2024 | |
Inpatient hospital deductible | $1,600 | $1,632 |
Daily hospital coinsurance for 61st-90th day | $400 | $408 |
Daily hospital coinsurance for lifetime reserve days | $800 | $816 |
Skilled nursing facility daily coinsurance (days 21-100) | $200.00 | $204.00 |
On November 15, 2024, the Centers for Medicare and Medicaid Services posted the 2025 spousal…
The word disability doesn't have the same meaning in all contexts. If you have a…
On October 10, 2024, the Social Security Administration announced that Americans will increase a 2.5…
Many people think that estate planning is just having documents prepared. They have a lawyer…
In Chambers v. Edwards, 365 Ga. App. 482 (2022), William Chambers sued his sister, Kathy…
When an injured party sues someone who negligently injured him or her, one form of…