Medicare deductibles and co-insurance amounts are revised annually to reflect changing medical costs.

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Medicare deductibles and co-insurance amounts are revised annually to reflect changing medical costs. This is done to ensure that Medicare beneficiaries continue to have access to affordable healthcare services. The changes are announced by the Centers for Medicare and Medicaid Services (CMS) each year, and typically take effect on January 1st of the following year. It is important for beneficiaries to review their plan options each year and understand any changes to their out-of-pocket costs.

Medicare Deductibles and Co-Insurance Amounts Are Revised Annually to Reflect