Tag: Part B

WASHINGTON – The standard monthly premium for Medicare Part B beneficiaries will be $164.90 for 2023, a decrease of $5.20 compared to 2022.   The annual deductible for all Medicare Part B beneficiaries will be $226 in 2023, a decrease of $7 compared to 2022, according to information released Sept. 27 by CMS.  The 2022 premium included a contingency margin to cover projected Part B spending for a new drug, Aduhelm. Lower-than-projected spending on both Aduhelm and other Part...

WASHINGTON - CMS announced on Oct. 8 new terms for payments issued under the Accelerated and Advance Payment (AAP) Program. Under the “Continuing Appropriations Act, 2021 and Other Extensions Act,” repayment will now begin one year from the issuance date of each provider's or supplier's accelerated or advance payment. “In the throes of an unprecedented pandemic, providers and suppliers on the frontlines needed a lifeline to help keep them afloat,” said CMS Administrator Seema...