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2020 Medicare Premium and Deductible Figures Are In!


The Centers for Medicare and Medicaid Services (CMS) has announced the new figures for Medicare Part B premiums,  deductibles and co-insurance that beneficiaries will have to pay.

There have been small increases in both payments. The standard Part B premium will now be $144.60 each month, which is a $9 increase on 2019; while the annual deductible has seen a $13 increase to $198.

To see all the updated figures you can go to the CMS website here: https://www.cms.gov/newsroom/fact-sheets/2020-medicare-parts-b-premiums-and-deductibles