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Medicare Premiums and Deductibles Released for 2020

11/12/2019

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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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    Heather Majka, Certified Social Security Claiming Strategist, Owner of Citizens Insurance Solutions

    With over 25 years of industry experience, Heather is a subject matter expert.  Heather has two adult children serving in the US military (Naval Aircrew and US Army). Heather's husband is a US Army SNIPER Veteran that served during Desert Storm.  Heather has is a native New Yorker who has lived in Virginia, Texas, Florida, and now lives in Tennessee.

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