Traditional MedicareReimbursementMedium impact
Senior Services News Vol. 9, No. 05
New Jersey Medicaid·NJ·Provider Notice
Effective date
Jan 1, 2006
We identified it
Jun 20, 2026
Summary
This policy announces the 2006 Social Security Cost of Living Adjustment (COLA) which affects Medicare beneficiary cost-sharing amounts including deductibles, coinsurance, and premium calculations. Billing teams should expect updated Medicare reimbursement rates and patient responsibility amounts effective with the new year.
Action Required
By January 1, 2006: Billing team must update patient responsibility calculations and Medicare fee schedules in billing system to reflect new COLA-adjusted deductibles and coinsurance amounts. Verify updated Medicare reimbursement rates are loaded into practice management system.