CMS has announced the 2022 Medicare Part A and B premium, deductible and coinsurance amounts. As in prior years, there are increases in these amounts. The 2022 Medicare Part D parameters were released earlier this year. (See our February 11, 2021 FYI.)
Download this FYI Alert as a printable PDF.
Medicare Part A
On November 12, the Centers for Medicare & Medicaid Services (CMS) released the Medicare Part A premium and the deductible and coinsurance amounts for 2022. It also provided a fact sheet with additional information.
Premiums
Almost all Medicare beneficiaries do not pay a Part A premium because they have at least 40 quarters of Medicare-covered employment. For those individuals who pay a premium, the Medicare Part A premiums for the 12-month period beginning on January 1, 2022 are as follows:
| Premium type | 2022 | 2021 | Change |
| Premium to purchase coverage for individuals not otherwise eligible for Medicare Part A and certain disabled individuals | $499 | $471 | 5.9% |
| Premium for certain individuals entitled to a reduced monthly premium (who had at least 30 quarters or were married to someone with at least 30 quarters of Medicare-covered employment) | $274 | $259 | 5.8% |
Deductible and coinsurance amounts
The Medicare Part A deductible and coinsurance amounts for the 12-month period beginning on January 1, 2022 are as follows:
| Deductible and coinsurance type | 2022 | 2021 | Change |
| Deductible for up to 60 days of Medicare-covered inpatient hospital care | $1,556 | $1,484 | 4.9% |
| Daily coinsurance for 61st through 90th day of hospitalization | $389 | $371 | 4.9% |
| Daily coinsurance for lifetime reserve days | $778 | $742 | 4.9% |
| Daily coinsurance for 21st through 100th day of extended care services in skilled nursing facility | $194.50 | $185.50 | 4.9% |
Medicare Part B
CMS also released a notice that sets out the Medicare Part B monthly premium rates and annual deductible amounts for 2022.
The standard monthly premiums for Medicare Part B for 2022 are as follows:
| Premium type | 2022 | 2021 | Change |
| Standard monthly premium | $170.10 | $148.50 | 14.5% |
Some Part B enrollees benefit from a “hold harmless” provision that protects them from any increase in Part B premiums (typically deducted from social security checks) that would effectively reduce their monthly social security payments.
The following individuals are not protected by the “hold harmless” provision:
- New Medicare enrollees in 2022
- Higher income Medicare beneficiaries
- Medicare beneficiaries dually eligible for Medicare and Medicaid
- Medicare Part B enrollees not receiving social security benefits
The 2022 Medicare Part B monthly premiums based on income tax filing status and income are as follows:
| Individual filing status |
Married filing jointly status |
2022 monthly premium | 2021 monthly premium |
Change |
| Income up to $91,000 | Income up to $182,000 |
$170.10 |
$148.50 |
14.5% |
| $91,001 – $114,000 | $182,001 – $228,000 |
$238.10 |
$207.90 |
14.5% |
| $114,001 – $142,000 | $228,001 – $284,000 |
$340.20 |
$297.00 |
14.5% |
| $142,001 – $170,000 | $284,001 – $340,000 |
$442.30 |
$386.10 |
14.6% |
| $170,001 – $499,999 | $340,001 – $749,999 |
$544.30 |
$475.20 |
14.5% |
| $500,000 or more | $750,000 or more |
$578.30 |
$504.90 |
14.5% |
| Married filing separately, lived with spouse during tax year* | 2022 monthly premium | 2021 monthly premium | Change |
| Income up to $91,000 | $170.10 | $148.50 | 14.5% |
| $91,001 – $408,999 | $544.30 | $475.20 | 14.5% |
| $409,000 or more | $578.30 | $504.90 | 14.5% |
*Income ranges for 2021 and 2022 differ.
Finally, the Medicare Part B annual deductible for the 12-month period beginning on January 1, 2022 is as follows:
| Deductible type | 2022 | 2021 | Change |
| Medicare Part B | $233 | $203 | 14.8% |
Volume 44 | Issue 42