Medicare premiums and Cost Sharing Amounts – 2022

2022 Medicare Premiums, Deductible, and Cost-Sharing Amounts

Part A (Hospital Insurance)Beneficiary Pays
Hospital Deductible$1,556/benefit period
Hospital Copayment$0/day for days 1-60
$389/day for days 61-90
$778/day for days 91-150
Skilled Nursing Facility Copayment$194.50/day for days 21-100
Part A Premiums*$499/month for those with fewer than 30 quarters of Medicare-covered employment
$274/month for those with 30-39 quarters of Medicare-covered employment
Part B (Medical Insurance)Beneficiary Pays
Annual Deductible$233
Part B Premium for those with incomes below $91,000 if single, $182,000 if married**$170.10/month

A small percentage of beneficiaries who are subject to the “hold harmless” provision will pay less, as the increase in their Social Security benefits will not be large enough to cover the increased Part B premium
Most Part B covered services, including doctors’ visits, outpatient therapy, durable medical equipment, and outpatient mental health services20% of amount Medicare approved

* Most people with Medicare do not pay a monthly premium for Part A because they have (or a spouse has) 40 or more quarters of Medicare-covered employment (meaning they worked at a job where they paid into Medicare).

** See November 21, 2017 Federal Register for an explanation of the “hold harmless” provision. Also note, Medicare Advantage plans may charge an additional monthly premium. Those with incomes higher than these amounts will pay an Income Related Monthly Adjustment Amount (IRMAA); see Medicare Costs at a Glance. Source: Centers for Medicare & Medicaid Services, 2022 Medicare Parts A & B Premiums and Deductibles, November 12, 2021.

This resource was supported in part by grant 90MINC0002-01-01 from the U.S. Administration for Community Living, Department of Health and Human Services. Points of view or opinions do not necessarily represent official ACL policy