Appendix C

Medicare Cost Sharing Amounts

This appendix provides cost sharing amounts for Medicare.

Medicare Part A Cost Sharing Amounts

Cost Type

2023

2024

Premium

Send SVES

Send SVES

Deductible

$1,600

$1,632

Hospital Coinsurance days 61-90

$400

$408

Hospital Coinsurance days 91-150

$800

$816

Skilled Nursing Facility Coinsurance days 1-20

$0

$0

Skilled Nursing Facility Coinsurance days 21-100

$200

$204

Medicare Part B Cost Sharing Amounts

Cost Type

2023

2024

All Other Premium Amounts

Send SVES

Send SVES

Deductible

$226

$240

MSHO and SNBC plans that will pay the portion listed of the Medicare Part B Premium

None

None

Medicare Part D Cost Sharing Amounts

For information about which Medicare Part D plans in Minnesota are benchmark plans, refer to the Resources section in ONEsource for the Amounts in Excess of Medicare Part D Benchmark to Apply as Medical Expense document. The document also provides the amount a person pays out of pocket for non-benchmark plans.

Standard Benefit Information

Cost Type

2023

2024

Premium

Varies

Varies

Annual Deductible

$505

$545

Coinsurance Costs

25% of drug costs between $505.01 and $4,660 (Cap of $7,400)

25% of drug costs between $545.01 and $5,030 (Cap of $8,000)

Coverage Gap Costs

100% of costs between the initial coverage limit based on drug costs between $4,660.01 and $7,400.

  • 75% discount on brand name drugs

  • 75% discount on generic drugs

100% of costs between the initial coverage limit based on drug costs between $5,030.01 and $8,000

  • 75% discount on brand name drugs

  • 75% discount on generic drugs

Copayments

  • $4.15 generic drugs

  • $10.35 brand name drugs

  • $4.50 generic drugs

  • $11.20 brand name drugs

Extra Help Full Subsidy Information

Cost Type

2023

2024

Premium

$0

$0

Annual Deductible

$0

$0

Coinsurance Costs

None

None

Coverage Gap Costs

None

None

Copayments

  ≤ 100% FPG

  • $1.45 generic drugs

  • $4.30 brand name drugs

  ≤100% FPG

  • $1.55 generic drugs

  • $4.60 brand name drugs

Extra Help Partial Subsidy Information

Cost Type

2023

2024

Premium

$0

$0

Annual Deductible

$104

$0

Coinsurance Costs

15%

$0

Copayments
  • $4.15 generic drugs

  • $10.35 brand name drugs

  >100% FPG

  • $4.50 generic drugs

  • $11.20 brand name drugs