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    2024 Standard Part B Premium $174.70

    The link includes IRMAA income brackets and premiums. "The standard monthly premium for Medicare Part B enrollees will be $174.70 for 2024, an increase of $9.80 from $164.90 in 2023. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the...
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    2023 Standard Part B Premium $164.90

    The Medicare Part B standard monthly premium will be $164.90 for 2023, a decrease of $5.20 from $170.10 in 2022. The Part B annual deductible will be $226 in 2023, a decrease of $7 from $233 in 2022. Medicare Part A inpatient hospital deductible will be $1,600 in 2023, an increase of $44 from...
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    2021 Standard Part B Premium is $148.50

    2021 Medicare standard Part B premium is $148.50, up $3.90 from $144.60. 2021 Part B deductible is $203, up from $198. The 2021 IRMAA income brackets are also in the link below. It starts at $88k/$176k. The Medigap HD-F/HD-G 'deductible' increases to $2370, up from $2340. Source...
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    2020 Standard Part B Premium $144.60

    2020 Standard Medicare Part B premium: $144.60 2020 Part B deductible: $198 The link below includes the new IRMAA thresholds updated for inflation and the IRMAA premiums. https://www.cms.gov/newsroom/fact-sheets/2020-medicare-parts-b-premiums-and-deductibles
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    Medicare and the Budget Deal

    The recently passed budget deal includes the following provisions.
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    2018 Part B premium estimate is $134

    Based on information available to date, the Trustees estimate the 2018 standard Medicare Part B premium to remain stable at $134 for those not subject to IRMAA or the "hold harmless" provision. Those subject to the hold harmless provision will see some or all of their estimated 2.2% SS COLA for...
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    AARP/UHC Medigap Plans F/G

    As you may know, one of the best features for those enrolled in an AARP/UHC Medigap plan (except 'J') is the ability to switch between their plans with a simple phone call to customer service. With AARP/UHC rolling out their Plan G in 33 states on July 1, those currently enrolled in Plan F...
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    Medicare Advantage Auto-Enrollment at Age 65

    More health insurers are seeking permission to automatically enroll members turning age 65 into their Medicare Advantage plan. Source: Some Seniors Surprised To Be Automatically Enrolled In Medicare Advantage Plans | Kaiser Health News
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    Way Too Early 2017 Part B Premium Prediction

    This time last year, Medicare estimates put the 2016 Part B premium at $159.30 and Part B deductible at $223. The actual 2016 Part B standard premium is $121.80 for new enrollees and $104.90 for grandfathered members. The actual 2016 Part B deductible is $166. Well, they're back at it again...
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    2017 Health Insurance Rate Requests

    I thought we could have a consolidated thread to post requested health insurance rate changes. Virginia: 2017 average requested rate increases across all individual under age 65 plans and metal tiers. Anthem Healthkeepers HMO: +15.80% Aetna PPO: +13.00% Aetna HMO (currently Coventry): New...
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    2017 HSA Limits

    The 2017 HSA limits have been released. 2017 Maximum HSA Contribution: Individual: $3400 (+$50 from 2016) Family: $6750 (unchanged) 55+ Catch-up: $1000 Spouse 55+ Catch-up (in separate HSA account): $1000 2017 HDHP Minimum Deductible: Individual: $1300 (unchanged) Family: $2600 (unchanged)...
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    Humana Off-Exchange PPO for most of Texas

    Humana will be offering an off-exchange Bronze level PPO with HSA in most Texas counties for 2016. Name: Humana Bronze 6450/ChoiceCare PPO In-Network Deductible: $6450/$12900 Individual/Family "PPO plans use our national medical network of hospitals, doctors and specialists." Embedded...
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    Medical Diagnosis Code Changes

    If an insurance company denies a covered medical procedure performed on or after 10/1/15, it may be because a new ICD-10 diagnosis code was either submitted incorrectly by the provider or processed incorrectly by the insurer. Bring any unexpected denials to the attention of the provider and...
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    2016 ACA "Embedded" Cost Sharing

    On Tuesday, Federal regulators confirmed that an HHS notice issued in May is correct. The clarification impacts 2016 non-grandfathered plans. From the HHS notice:
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    2016 Express Scripts & Caremark Drug Formulary Changes

    Express Scripts and CVS/Caremark have published their list of products that will be removed (excluded) from their 2016 drug formularies. Link: Drug Channels: Here Come the 2016 PBM Formulary Exclusion Lists!
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    2016 HSA Limits Released

    2016 Maximum HSA Contribution: Individual: $3350 (unchanged from 2015) Family: $6750 (+$100) 2016 HDHP Minimum Deductible: Individual: $1300 (unchanged) Family: $2600 (unchanged) 2016 HDHP Max OOP: Individual: $6550 (+$100) Family: $13100 (+$200) Source: IRS Announces Changes to 2016 Health...
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    Medigap for New Enrollees in 2020

    A lot of changes can be made over the next 5 years, but as of now those who become Medicare eligible in 2020 or later will not be able to choose a Medigap plan that covers the Medicare Part B deductible (currently $147). Article prior to passage: Medigap Enrollment Among New Medicare...
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