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You are here: Home / Blog Posts / Medicare Part B Premiums For 2021

Medicare Part B Premiums For 2021

By Shauneen Sullivan

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CMS, the Centers for Medicare & Medicaid Services, has just announced the Medicare Part B Premiums for 2021.

We’ll also show you other Medicare costs such as Part A and Part B deductibles, copays and coinsurance.

Medicare Costs For 2021

For 2021 the Medicare Part A premium for most people will be $0. If you have to buy part A then the premium will be up to $471 per month, compared to $458 in 2020.

The Part A hospital deductible is $1484 which is up from $1408 in 2020.

The Part A deductible applies to each benefit period. This benefit period starts when you enter the hospital and ends when you are out of the hospital for 60 days in a row.

The Part A Coinsurance for days 61 – 90 is $371 per day which is up from $352 in 2020. Coinsurance for days 91 and beyond is $742 per day up from $704 in 2020.

Medicare Part B Costs For 2021

The Medicare Part B premium for 2021 is $148.50 per month which is up a little bit from $144.60 in 2020.

The Part B deductible for 2021 is $203 per year which is up five dollars from $198 in 2020.

 

 Medicare Part B Premiums For 2021

Your yearly income in 2019 (for what you pay in 2021)  

You pay each month           in    (2021)

File individual tax return File joint tax return File married and filing separately
$88,000 or less $176,000 or less $88,000 or less $148.50
above $88,000 up to $111,000 above $176,000 up to $222,000 N/A $207.90
above $111,000 up to $138,000 above $222,000 up to $276,000 N/A $297.00
above $138,000 up to $165,000 above $276,000 up to $330,000 N/A $386.10
above $165,000 and less than $500,000 above $330,000 and less than $750,000 above $88,000 and less than $412,000 $475.20
$500,000 or above $750,000 and above $412,000 and above $504.90

The 2021 Part C Medicare Advantage and Medicare Part D drug plan premiums will vary.

Get in touch with us at 800-783-5901 if you need help finding the lowest cost plans in your area.

Filed Under: All About Medicare, Blog Posts Tagged With: Medicare Part B Costs For 2021

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