Medicare has changed for 2023. Here’s what is new
LA TimesMedicare in 2023 has updated premiums and deductibles, with some costs rising and others falling. Part A costs have gone up Medicare Part A is hospital insurance that covers inpatient stays in a hospital or skilled nursing facility. Medicare Advantage plan ratings are lower Each year, the Centers for Medicare & Medicaid Services gives every Medicare Advantage plan a star rating ranging from 1 to 5, with 5 being excellent. In fact, last year’s plan ratings were unusually high because of a pandemic policy that applied a natural disaster exception to all Medicare Advantage plans — instead of just the ones in areas affected by something like a hurricane or flood. But starting in October, they could apply for immunosuppressive drug coverage through a new benefit called Medicare Part B Immunosuppressive Drug, or Part B-ID, which started Jan. 1.