2020 Medicare Parts A & B Premiums and Deductibles

 

CMS announced the 2020 premiums for the Medicare inpatient hospital (Part A) and physician and outpatient hospital services (Part B) programs.

 

Please view chart below.

 

 

Features 2019 2020
Part A Inpatient Hospital Deductible $1,364 $1,408
Hospital Coinsurance
61-90 days
91-150 days (lifetime reserve)
$341
$682
$352
$704
Skilled Nursing Facility Care Coinsurance Days 21-100 $170.50 $176.50
Part B Physician’s Services and Supplies Deductibles $185.00 $198.00

 

The standard monthly premium for Medicare Part B will be $144.60 for 2020. This may be higher depending on your income.

For those who receive Social Security benefits, the average Part B premium will be about $144.60. Individuals will pay a different premium amount in 2020 if:

· They enroll in Part B for the first time in 2020.

· They don’t get Social Security benefits.

· They have Medicare and Medicaid, and Medicaid pays their premiums.

· Their modified adjusted gross income as reported on their IRS tax return from 2 years ago is above a certain amount.

  • See the table below for the income-related monthly adjusted premiums for Medicare Part B in 2020.

LarryRichardson

 

.

.

.