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.