About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

B-332734 1 (2020-11-24)

handle is hein.gao/gaobaecdo0001 and id is 1 raw text is: 




G      A     O       U.S. GOVERNMENT ACCOUNTABILITY OFFICE
441 G St. N.W.
Washington, DC 20548


B-332734


November  24, 2020

The Honorable Chuck Grassley
Chairman
The Honorable Ron Wyden
Ranking Member
Committee on Finance
United States Senate

The Honorable Frank Pallone, Jr.
Chairman
The Honorable Greg Walden
Ranking Member
Committee on Energy and Commerce
House of Representatives

The Honorable Richard Neal
Chairman
The Honorable Kevin Brady
Ranking Member
Committee on Ways  and Means
House of Representatives

Subject: Department of Health and Human Services, Centers for Medicare & Medicaid Services:
       Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rates, and
       Annual Deductible Beginning January 1, 2021

Pursuant to section 801(a)(2)(A) of title 5, United States Code, this is our report on a major rule
promulgated by the Department of Health and Human Services, Centers for Medicare &
Medicaid Services (CMS) entitled Medicare Program; Medicare Part B Monthly Actuarial Rates,
Premium  Rates, and Annual Deductible Beginning January 1, 2021 (RIN: 0938-AU16). We
received the rule on November 13, 2020. It was published in the Federal Register as a notice
on November  12, 2020. 85 Fed. Reg. 71904. The effective date of the rule is January 1, 2021

According to CMS, the final rule announces the monthly actuarial rates for aged (age 65 and
over) and disabled (under age 65) beneficiaries enrolled in Part B of the Medicare
Supplementary Medical Insurance (SMI) program beginning January 1, 2021. In addition, CMS
further states this rule announces the monthly premium for aged and disabled beneficiaries, the
deductible for 2021, and the income-related monthly adjustment amounts to be paid by
beneficiaries with modified adjusted gross income above certain threshold amounts. According
to CMS, the monthly actuarial rates for 2021 are $291.00 for aged enrollees and $349.90 for
disabled enrollees. CMS also stated the standard monthly Part B premium rate for all enrollees
for 2021 is $148.50, which is equal to 50 percent of the monthly actuarial rate for aged enrollees
(or approximately 25 percent of the expected average total cost of Part B coverage for aged

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most