2024 Medicare Physician Fee Schedule

On Wednesday, November 29, 2023 NGS Medicare released a statement that the calendar year (CY) 2024 Medicare Physician Fee Schedule (MPFS) is now available. You can view the new fees using the Fee Schedule Lookup tool located on NGSMedicare.com.

ngsmedicare.com

Accessing the Medicare Physician Fee Schedule

To assist you in accessing the Medicare Fee Schedule please follow the steps below.

  • From the landing page Accept the attestation.
  • Under Access NGS MEDICARE
    • I am a... choose "Part B"
    • Please select... "New York"
    • Click "Enter"
  • From the Home Page in the upper right click Fee Schedules box
  • Under Fee Schedule lookup:
    • Select a Fee Schedule: select "Medicare Physician Fee Schedule Pricing"
    • Result type: select "Specific to Fee Code"
    • Date of service: select any date in the year you are looking up.
  • Procedure code individually select 98940, 98941, 98942
  • Select your region NY 01, 02, 03, 04, 99
    • If you do not know your region: before clicking on Fee Schedule look up scroll down to Locality look up
      enter New York, your county, and click search.  Then proceed as above
  • After you enter your region, click Search and the fee schedule will load.
    • Participating providers (accepting Medicare assignment), use the NON FAC PAR fee and NON FAC LC.
    • Non-participating providers (not accepting Medicare assignment), may charge the NON FAC NON PAR fee.
    • You must still submit the bill to Medicare

The Medicare Part B deductible in 2024 is $240.00

The standard monthly premium for Medicare Part B enrollees will be $174.70 for 2024, an increase of $9.80 from $164.90 in 2023. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023.

2024 Medicare Parts A & B Premiums and Deductibles

Medicare Fee for Service ABN 

April 4, 2023: The ABN, Form CMS-R-131, and form instructions have been approved by the Office of Management and Budget (OMB) for renewal. The use of the renewed form with the expiration date of 01/31/2026 became mandatory on 6/30/23. Read more about the updated ABN:

Medicare Fee for Service ABN 2023

 

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