- January 10, 2022
- Posted by: Thomas Anderson
- Categories: DME Billing, DME Billing Services
On Nov 12 2021, CMS released the 2022 premiums, coinsurance amounts as well as the deductibles for Medicare Part A and B programs. Also the details of the income monthly adjustment details of Medicare Part D got revealed.
The standard monthly premium amounts for Medicare Part B enrollees will be $170.10 for the year 2022. It is an increase of $21.60 from $148.50 in 2021. The deductible annually for all Part B beneficiaries will be $233, an increase of $30 from the annual deductible of 2021!
The premium and deductible increase are due to a number of factors with Congressional action to lower the increase of 2021 Medicare Part B premium, resulting in a $3.00 per beneficiary increase in Medicare part B that being continued through the year 2025.
The additional reserve is also regarding the uncertainty regarding the use of the Alzheimer drug, AduhelmTM. With the premiums almost increasing by 15% in 2022 with Medicare Part B premiums, you need a quality DME billing services partner that are aware of the mandates and can help in tackling the troubling KPI’s.
It is serious around with lack of expert resources; shortage of labor is also crippling the healthcare industry at large. As a provider, you must make the best use of the resources to take care of your DME billing/practice management worries. It will help you in focusing on your patients and logistics a lot better than before.
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