What You Need to Know About Medicare Changes in 2023

Are you a Medicare beneficiary wondering what changes are coming in 2023? You’re not alone! With over 65 million Americans enrolled in Medicare, it’s important to stay informed about the changes that will affect your coverage.

One of the biggest changes coming in 2023 is the reduction of premiums and deductibles thanks to landmark legislation aimed at lowering the cost of prescription drugs. Additionally, there will be improvements to the way Medicare beneficiaries can access behavioral health care.

Telehealth services will also see changes in 2023. Many virtual services that were expanded during the COVID-19 pandemic will continue, but some may be phased out if the public health emergency is lifted. However, Congress may also act to extend these telehealth expansions. The Center for Medicare is focused on making care more accessible, better, and more affordable for the over 65 million people in the program.

For most beneficiaries, Part B premiums will be deducted directly from their monthly Social Security payments. With Social Security’s cost-of-living adjustment increasing benefits by 8.7% in 2023, those enrolled in both programs will see more money in their pockets each month. High-income beneficiaries will also see a decrease in their monthly charges.



Enrollment in Medicare Advantage, a private health insurance alternative to original Medicare, is likely to continue growing in 2023.

Experts predict that half of all Medicare enrollees will select an MA plan for the new year. Most enrollees must pay the Part B premium whether they have original Medicare or an MA plan. Some private plans offer a “giveback” benefit where the insurer covers part or all of a member’s Part B monthly premium.

The annual Part B deductible for 2023 is decreasing to $226, and deductibles in Medicare Advantage and stand-alone Part D prescription drug plans will also vary. The fixed cost for Part A, which covers inpatient hospital and other services, will increase to a deductible of $1,600 per stay and a monthly premium of $506. Copays for a 30-day supply of insulin will be capped at $35 under the Inflation Reduction Act of 2022.

To ensure you’re making the most of your Medicare coverage, consider enrolling in a Medicare Advantage plan, which can offer additional benefits such as coverage for dental, vision, and hearing services. You can also explore different options for prescription drug coverage, such as a stand-alone Part D plan, which can help lower your out-of-pocket costs for drugs.

It’s important to stay informed about these changes and to review your coverage options to make sure you’re getting the best possible care at the best possible price. If you have any questions, don’t hesitate to consult with a professional who can help you understand the changes and find the best plan for your needs.

Another change coming to Medicare in 2023 is the expansion of coverage for telehealth services. The COVID-19 pandemic has accelerated the use of telehealth, and many of the virtual services that were expanded during the pandemic will continue in 2023. However, it is important to note that these expansions could be phased out if the coronavirus public health emergency is lifted. Congress may also act to extend these telehealth expansions.

The Center for Medicare is focusing on making care more accessible, better and more affordable for the more than 65 million people in the Medicare program. One of the ways they are doing this is by expanding coverage for behavioral health care services. This includes increasing access to mental health and substance abuse services, which is particularly important as the COVID-19 pandemic has led to increased stress and mental health issues.

In addition, Medicare beneficiaries will have more options when it comes to choosing a primary care provider. The Medicare program is now providing more incentives for primary care providers to coordinate care and work with other healthcare professionals to improve the overall health and well-being of beneficiaries. This will also improve the continuity of care and reduce the chances of hospital readmissions.

To make sure you are making the most of your Medicare coverage, you should also consider enrolling in a Medicare Advantage plan, which can offer additional benefits such as coverage for dental, vision, and hearing services. You can also explore different options for prescription drug coverage, such as a stand-alone Part D plan, which can help lower your out-of-pocket costs for drugs.

It is always a good idea to consult with a professional who can help you understand the changes in Medicare and help you find the best plan for your needs. They can help you review your coverage options and make sure you are getting the best possible care at the best possible price.

In conclusion, the changes coming to Medicare in 2023 will provide more affordable coverage, better access to care, and more options for beneficiaries. It is important for beneficiaries to stay informed about these changes and to review their coverage options to ensure they are getting the best possible care at the best possible price. With the right information, you can make the most of your Medicare coverage and ensure that you are getting the care you need at a price you can afford.

If you have any questions or need assistance in understanding these changes, don’t hesitate to contact YourMedicare by AYA and Associates. Our team of experienced professionals is dedicated to helping you navigate the Medicare system and find the best coverage options for your needs. You can reach us at 559-343-2333 or visit our website at Your.Medicare247.org for more information.