2022: Social Security and Original Medicare Changes

by | Dec 27, 2021 | Blog, Medicare, Social Security

The Social Security Administration and Centers for Medicaid and Medicare Services have announced changes for their programs for 2022. These changes are summarized in the chart below.

ITEM20222021
Cost of Living Increase5.90%1.30%
Quarter of Coverage$1,510$1,470
Maximum FICA Wages$147,000$142,800
Maximum Social Security Benefit$4,194$3,148
SSI Federal Payment – Individual$841$794
Medicare Part A Premium
(Beneficiaries not insured for Social Security benefits)
$499$471
Part A Hospital Co-Pays
Deductible$1,556$1,484
Coinsurance 1-60$0$0
Coinsurance 61-90$389$371
Lifetime Reserve$778$742
Beyond ReserveAll CostsAll Costs
Medicare Part B Premium
Individuals Income less than $85K$170.10$148.50
Couples Income less than $170K$170.10$148.50
Medicare Part B Deductible$233$203
Skilled Nursing Co-Pays
Days 1-20$0$0
Days 21-100$195$186
Days 101+All CostsAll Costs
Mental Health Inpatient
Deductible$1,556$1,484
Coinsurance 1-60$0$0
Coinsurance 61-90$389$371
Lifetime Reserve$778$742
Beyond ReserveAll CostsAll Costs
Part C Premium Range$0.00-$298$0.00-$297
Part D Premium Range$6.60-$133.30$7.30-$132.30
Individual SSI Benefit$841$794
Couple SSI Benefit$1,261$1,191

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