CMS announced this morning that the new Part B premium in 2023 will be $164.90, a reduction of $5.20. The Part B deductible will also be reducing from $233 to $226.
The reductions are largely because of the lower-than-expected spending on Aduhelm, the new Alzheimer's drug. This decrease in premium aligns with the CMS recommendation made in May 2022.
The Medicare Part A inpatient hospital deductible that beneficiaries pay if admitted to the hospital will be $1,600 in 2023, an increase of $44 from $1,556 in 2022.
In 2023, beneficiaries must pay a coinsurance amount of $400 per day for the 61st through 90th day of a hospitalization ($389 in 2022) in a benefit period and $800 per day for lifetime reserve days ($778 in 2022).
For beneficiaries in skilled nursing facilities, the daily coinsurance for days 21 through 100 of extended care services in a benefit period will be $200.00 in 2023 ($194.50 in 2022).
Learn more at CMS.gov.
