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2021 Medicare Parts A & B Premiums and Deductibles Announced
released by CMS 11/6/2020
Medicare 2021 costs at a glance
Listed below are basic costs for people with Medicare. If you want to see and compare costs for specific health care plans, visit the Medicare Plan Finder.
For specific cost information (like whether you've met your deductible, how much you'll pay for an item or service you got, or the status of a claim), visit MyMedicare.gov.
Most people don't pay a monthly premium for Part A (sometimes called "premium-free Part A"). If you buy Part A, you'll pay up to $458 each month in 2020.
Part A hospital inpatient deductible and coinsurance
You pay:
- $1,484 deductible for each benefit period (which is 60 days)
- Days 1-60: $0 coinsurance for each benefit period
- Days 61-90: $371 coinsurance per day of each benefit period
- Days 91 and beyond: $742 coinsurance per each "lifetime reserve day" after day 90 for each benefit period (up to 60 days over your lifetime)
- Beyond lifetime reserve days: all costs
- Part B premium: The standard Part B premium amount is $144.60 (or higher depending on your income).
- Part B deductible and coinsurance $203 per year. After your deductible is met, you typically pay 20% of the Medicare-approved amount for most doctor services (including most doctor services while you're a hospital inpatient), outpatient therapy, and durable medical equipment.
- Part C premium The Part C monthly premium varies by plan. Compare costs for specific Part C plans.
- Part D premium The Part D monthly premium varies by plan (higher-income consumers may pay more). Compare costs for specific Part D plans.