2022 Medicare Highlights
Each year, if needed, the Centers for Medicare & Medicaid Services (CMS) adjust Medicare’s premiums, deductibles, and copays. Most people do not pay a month premium for Medicare Part A if they or their spouse paid Medicare taxes while working. However, to be covered under Medicare Part B, you must pay a monthly premium, which is deducted from the Social Security benefit for most people. As required by law, the standard monthly premium is set each year at 25% of the cost for senior beneficiaries. The government pays the remaining 75%.
The chart below compares 2021 to 2022 costs. The Health Options Program is designed to pay some or all of these deductibles and coinsurances. For example, the HOP Medical Plan pays your Part A deductible and coinsurance for stays in the hospital and skilled nursing facilities, as well as the Part B deductible. The Value Medical Plan also pays 100% of Medicare’s hospital deductible and daily copays but only after you pay the first $300.
Amount You Pay (without supplemental insurance)
| 2021 | 2022 | |
|---|---|---|
| Part A | ||
| First-day hospital deductible | $1,484 | $1,556 |
| Coinsurance for days 1-60 of a hospital stay | $0 | $0 |
| Coinsurance for days 61-90 of a hospital stay | $371/day | $389/day |
| Coinsurance for days 1-20 of a skilled nursing facility | $0 | $0 |
| Coinsurance for days 21-100 of a skilled nursing facility | $185.50/day | $194.50/day |
| Part B | ||
|
Standard monthly premium for most new enrollees and Medicare beneficiaries |
$148.50 | $170.10 |
| Deductible | $203 | $233 |
| Coinsurance | 20% | 20% |
Contact the HOP Administration Unit for assistance with your questions.