As we look toward the upcoming year, Medicare recipients should be prepared for changes in costs and services that will impact their health and finances. Among these changes, one crucial benefit stands out and deserves attention.
- Medicare Part A provides hospital insurance coverage, with premiums being paid through Medicare taxes during employment. Upon retirement, beneficiaries are not required to pay a premium for this coverage unless they are hospitalized, in which case deductibles may apply.
- Medicare Part B covers preventive care and outpatient services, with a standard premium of $174.70 in 2024. However, an increased premium known as the Income-Related Monthly Adjustment Amount (IRMAA) may apply for those with higher incomes. Anticipated increases in the standard premium for Medicare Part B are expected in 2025.
- Medicare Part C, or Medicare Advantage, offers the same benefits as Parts A and B through private companies. These plans often include coverage for prescription medications under Medicare Part D.
Looking ahead to 2025, Medicare recipients can expect some changes in their mental health care coverage.
- Medicare will be expanding mental health care coverage to include services from marriage and family therapists, as well as mental health counselors. Beneficiaries can also receive mental health care during their annual wellness visits through health assessments.
- Common mental health conditions covered by Medicare include depression and anxiety, which can be treated through counseling and psychotherapy in individual or group settings.
- Medicare provides partial hospitalization services from Community Mental Health Centers or hospitals as an alternative to inpatient psychiatric care. Additionally, intensive outpatient program services are available, offering intensive psychiatric care, counseling, and therapy in various settings.
- Obesity behavioral therapy and opioid use disorder treatment services are also covered by Medicare in 2025, ensuring beneficiaries have access to necessary care.
As we navigate the changes in Medicare coverage for 2025, it’s essential for beneficiaries to stay informed and be proactive in managing their health needs. By understanding the benefits available and utilizing them effectively, individuals can ensure they receive the care and support they need in the coming year.
