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2021 MEDICARE COSTS & PREMIUMS

PART A (HOSPITAL)
You pay:
Inpatient Hospital Stay (benefit period ends 60 days after release from care):

  • Deductible: $1,484 per benefit period
  • Coinsurance (days 1-60): $0 per day of each benefit period
  • Coinsurance (days 61-90): $371 per day of each benefit period
  • Coinsurance (60 lifetime reserve days): $742 per day after day 90 of each benefit period

Skilled Nursing Facility Stay (3-day inpatient hospital stay required first):

  • Coinsurance (days 1-20): $0 per day of each benefit period
  • Coinsurance (days 21-100): $185.50 per day of each benefit period

PART B (MEDICAL)
You pay:
Part B Deductible: $203 per calendar year
Part B Coverage: Generally 20%, after $203 deductible is met

PART B PREMIUMS & PART D HIGH INCOME PREMIUMS (PAID TO MEDICARE)
Those enrolled in Medicare Part B will pay the premiums listed in the table below (based on income). Higher income earners will pay a Part B IRMAA (Income Related Monthly Adjustment Amount) in addition to the $148.50 base premium.

Those with higher income who are enrolled in Part D Prescription Drug coverage also pay a Part D IRMAA in addition to the monthly premium for a Part D prescription drug plan with an insurance carrier (see table below).


*2019 MAGI = Adjusted Gross Income (Form 1040 line 8b) + Tax-Exempt Interest (Form 1040 line 2a)

For more information, contact Kentucky Health Solutions at (859) 309-5033
Email: contact@kyhealthsolutions.com

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