Medicare Part A and Part B Premiums 2023

Centers for Medicare & Medicaid Services (CMS) Announced 2023 Premiums for Medicare Part A and Part B Programs

Medicare Part B premium is decided based on Social Security Act every year

Medicare Open Enrollment 2023

From October 15, 2022 to December 7, 2022.

Monthly premium for Medicare Part B in 2023

$164.90

Annual deductible in Medicare Part B for 2023

$226

Immunosuppressive Drug Premium in 2023

$97

Part A Inpatient hospital deductible 2023

$1,600

Part A Daily coinsurance for 61st-90th Day 2023

$400

Part A Daily coinsurance for lifetime reserve days 2023

$800

Part A Skilled Nursing Facility coinsurance 2023

$200