Cost of Medicare inching upward in 2020

COMMENTARY /// Senior healthcare


As we head into the new year, the Medicare premiums, deductibles and other out-of-pocket costs will change in 2020.
Each year, Medicare premiums, deductibles and copayment rates are adjusted according to the Social Security Act. For 2020, the standard monthly premium for Medicare Part B enrollees will be $144.60 for 2020, an increase of $9.10. The Part B premium in 2019 was $135.50.
The standard premium is what most people with Medicare pay. Part B covers physician services, outpatient hospital ...

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