Medicare has announced its 2021 Medicare Premiums/Deductibles and coinsurance. Providers should update these rates in their billing software to ensure proper billing and booking of revenue. The updates are as below:
|Standard Monthly Premium Medicare B||$148.50|
|The annual deductible for Medicare B||$203.00|
|The annual deductible for Medicare A||$1,484.00|
|SNF Coinsurance for Medicare A days 21-100||$185.50|
For more information please visit the CMS Fact Sheet.