2021 Medicare premiums and deductibles

Medicare Part B Premiums/Deductibles

Medicare Part B covers physician services, outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Medicare Part A.  

The standard monthly premium for Medicare Part B enrollees will be $148.50 in 2021, an increase of $3.90 from $144.60 in 2020. Recent legislation signed by President Trump significantly dampens the 2021 Medicare Part B premium increase that would have occurred given the estimated growth in Medicare spending next year. Medicare spending is estimated to grow due to people seeking care they may have delayed during the COVID-19 public health emergency, availability of more COVID-19 treatments, and availability of COVID-19 vaccines (for which CMS recently announced that there would be no out-of-pocket costs for seniors).

CMS also announced that the annual deductible for Medicare Part B beneficiaries is $203 in 2021, an increase of $5 from $198 in 2020.

Medicare Part A Premiums/Deductibles

Medicare Part A covers inpatient hospital, skilled nursing facility, and some home health care services. About 99 percent of Medicare beneficiaries do not pay a Part A premium since they have at least 40 quarters of Medicare-covered employment.

The Medicare Part A inpatient deductible that beneficiaries will pay when admitted to the hospital is $1,484 in 2021, an increase of $76 from $1,408 in 2020.

These are not the true rates that should apply because of government action to dampen the increases. STAND BY IN THE FUTURE WHEN PLAYING CATCH-UP IS NECESSARY.


  1. I am not against people using their Medicare benefits, but I am sick and tired of the TV commercials that say if you are new to Medicare there are all these “FREE” benefits that you can receive. I hope people know if you use Medicare when you really do not need to see a doctor, it will add to the increase in premium in the next year. If I have a minor medical issue I try to treat it with over the counter remedies first. I had a skin rash a few years ago, the doctor prescribed a cream that cost me an $8 co-pay. When I ran out of the cream I googled the name and was able to purchase an OTC cream that had 4 times as much in the tube and cost me just $3. I am in good health at age 64 and only have a physical every 5 years, because past history and family history show no major health issues until late 70s. And I am trying to use diet and exercise to stay healthy. My last blood work numbers at age 60 where the same as they where when I was 40.


  2. I am still 7 years away from Medicare and I am just starting to follow Medicare in more detail.
    What does CMS stand for?


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