decisionhealth Newsletters, Answer Books - 2006 Issue 3 (March)
Program_Memos / 2002 / AB-02-159
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Article Overview
This article is a CMS program memorandum for Medicare contractors and related system maintainers. It covers calendar year 2003 updates to Medicare hospital insurance and supplementary medical insurance deductible, coinsurance, and premium amounts, along with the effective and implementation dates for those updates. The content is relevant to payment administration, beneficiary cost-sharing, and systems updates tied to the 2003 rates.
Why This Topic Matters
Organizations that process Medicare claims or maintain Medicare systems need current deductible, coinsurance, and premium figures to ensure accurate beneficiary cost-sharing and correct plan administration for the stated year.
Article Sections
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Program Memorandum
Introductory memorandum information from DHHS/CMS, including transmittal details, subject, and administrative context for the update.
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Medicare deductible, coinsurance, and premium background
General background on Medicare hospital insurance and supplementary medical insurance cost-sharing, premiums, and late-enrollment adjustments.
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Year 2003 HI deductible, coinsurance, and premium amounts
Calendar year 2003 hospital insurance beneficiary amounts and related premium categories.
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Year 2003 SMI deductible, coinsurance, and premium amounts
Calendar year 2003 supplementary medical insurance deductible, coinsurance, and premium amounts.
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Effective date and implementation date
Administrative timing for when the memorandum takes effect, when it should be implemented, and how long it remains applicable.
What You Will Learn
- The scope of the Medicare rate updates announced for calendar year 2003.
- How the memorandum is organized around hospital insurance and supplementary medical insurance.
- Which administrative dates govern the application of the update.
- Who the memorandum is intended to support operationally.
Who Should Read This
- Medicare contractors
- Shared system maintainers
- Common working file maintainers
- Health insurance claims administrators
- Revenue cycle and billing teams supporting Medicare
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