tci Medicare Compliance & Reimbursement - 2021 Issue Q4

Industry Notes: CMS Plans to Hike Part B Premiums Next Year

With Medicare policy changes coming out weekly, you’re probably used to fielding daily questions from beneficiaries. However, you may want to prepare for consternation from patients now that Medicare announced it was significantly increasing its 2022 Part B premiums. Details: The Centers for Medicare & Medicaid Services (CMS) announced that it was increasing the Part B standard monthly premium from $148.50 in 2021 to $170.10 in 2022. Why? Rising Part B drug prices coupled with COVID-19 legislation and spending resulted in the need to make the 2022 increase, according to a CMS release. Plus, CMS is...

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