Medicare Premiums and Deductibles Released for 2020

Here are the highlights of what you need to know:

  • Medicare PART B base premium will be $144.60 ($491.60 for the highest income individuals)
  • $198 is the annual PART B deductible
  • Medicare Part A deductible $1408, up from $1364 (which covers your first 60 days in the hospital)
  • $176 co-pay  PER DAY for skilled nursing care 
  • For those who do not qualify for premium free part A, the premium will be $451 per month

Read more here.

The good news is that you can get a Medicare Supplement that covers most of these costs.  You can also get a Medicare Advantage plan that can save you money and limit your RISK than having original Medicare alone. Find out more here.

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