The Medicare deductibles period is just around the corner and Chronic Care Management services are subject to the same annual deductible as other Medicare services, like in-office visits.
Like most insurance programs Medicare, and some Medicare Advantage Plans, require participants to meet a deductible every year.
A deductible is an amount that you must first pay out of your own pocket for health care before Medicare insurance coverage kicks in. The annual deductible for all Medicare Part B beneficiaries is $203 in 2021, an increase of $5 from the annual deductible of $198 in 2020.
Whether it is applied to visits to your doctor’s office, remote chronic care management or prescription coverage, the deductible must be paid before Medicare begins to cover your healthcare costs.
You may pay higher than average out-of-pocket costs for your regular healthcare expenses until you meet your Medicare deductible. For most people, this impacts the first few months of the year.
For specific cost information (like whether you’ve met your deductible, how much you’ll pay for an item or service you receive or the status of a claim), visit MyMedicare.gov.