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Senior Services News Vol. 10, No. 05

New Jersey Medicaid·NJ·Provider Notice
Effective date
Not stated
We identified it
Jun 20, 2026
Days to comply

Summary

This policy announces the 2007 Social Security Cost of Living Adjustment (COLA) which may affect Medicare beneficiary premiums, deductibles, and coinsurance amounts. Billing teams should be aware that patient responsibility amounts and Medicare payment calculations may change based on the updated COLA figures.

Action Required

Action needed
Review current Medicare beneficiary cost-sharing amounts and verify that billing system reflects any updated deductibles or coinsurance rates resulting from the 2007 COLA adjustment. Monitor for specific payment updates from Medicare administrative contractors.