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Honored Contributor
Posts: 8,059
Registered: ‎03-14-2010

Increases in Medicare for 2022

Each year, there are changes to the Part D Prescription Drug Coverage of Medicare.  We won't have visibility to the actual Part D Plans until October, but there are some structural changes that occur each year with Part D.  Key updates for 2022 are below.

  • Annual Deductible Limit - increase of $35 from $445 in 2021 to $480 in 2022
  • Initial Coverage Level increase of $300 from $4,130 in 2021 to $4,430 in 2022
  • True-out-of-Pocket Limit increase of $500 from $6,550 in 2021 to $7,050 in 2022
Honored Contributor
Posts: 9,780
Registered: ‎10-01-2013

Re: Increases in Medicare for 2022

Guess we will have to wait until Oct. to get the facts on any upcoming changes.

Honored Contributor
Posts: 37,857
Registered: ‎06-11-2011

Re: Increases in Medicare for 2022


@drizzellla wrote:

Each year, there are changes to the Part D Prescription Drug Coverage of Medicare.  We won't have visibility to the actual Part D Plans until October, but there are some structural changes that occur each year with Part D.  Key updates for 2022 are below.

  • Annual Deductible Limit - increase of $35 from $445 in 2021 to $480 in 2022
  • Initial Coverage Level increase of $300 from $4,130 in 2021 to $4,430 in 2022
  • True-out-of-Pocket Limit increase of $500 from $6,550 in 2021 to $7,050 in 2022

@drizzellla. I'm confused. This looks like Part B.

Esteemed Contributor
Posts: 5,696
Registered: ‎03-10-2010

Re: Increases in Medicare for 2022

I read online 5.8, but you can bet medicare will also increase more, bring the amount way down that we actually get.

Honored Contributor
Posts: 9,487
Registered: ‎02-07-2011

Re: Increases in Medicare for 2022

Well, we're supposed to get an increase in SS benefits and they usually balance each other out.

 

 

 

 

Respected Contributor
Posts: 4,363
Registered: ‎10-11-2017

Re: Increases in Medicare for 2022

My drug costs went up quite a bit and I'm already in the "donut hole". I usually end up there, but not til Nov. or so.

Honored Contributor
Posts: 17,526
Registered: ‎06-17-2015

Re: Increases in Medicare for 2022

[ Edited ]

@RetRN wrote:

Guess we will have to wait until Oct. to get the facts on any upcoming changes.


@RetRN   Agree.  I find nothing that matches those figures, especially the annual deductible.  (I had to correct the figure.)

She is looking at the chart for premiums based on income and also based on individual quarters, not the amt. of deductible.

"" Compassion is a verb."-Thich Nhat Hanh
Honored Contributor
Posts: 18,340
Registered: ‎07-26-2014

Re: Increases in Medicare for 2022

@drizzellla   Please provide your "source" and/or a Link.gif

"Never argue with a fool. Onlookers may not be able to tell the difference."


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Honored Contributor
Posts: 17,526
Registered: ‎06-17-2015

Re: Increases in Medicare for 2022


@Mz iMac wrote:

@drizzellla   Please provide your "source" and/or a Link.gif


@Mz iMac   I see nothing on the official Medicare website, yet.

 

These figures appear to be taken from MedicareHaven and she is mixing deductible figures with premium figures.

"" Compassion is a verb."-Thich Nhat Hanh
Honored Contributor
Posts: 69,807
Registered: ‎03-10-2010

Re: Increases in Medicare for 2022

I don't know what you're talking about as I've been on Medicare a number of years, have had major surgery and visit my doctor and specialists numerous times a year but have never paid a penny out of pocket. 

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