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Medicare Part A & Part B Costs – Medicare Costs – The Cost of Medicare Part A and Part B
The costs for Medicare Part A and Medicare Part B will always be listed on Medicare’s website. The increases for Medicare premiums and deductibles have been announced for 2019. Great news! The increases are very minimal.
• Medicare Part B premium: For most people this premium comes out of their social security check every month. In 2018, the premium was $134.00 a month. In 2019, the premium has only increased to $135.50. Only a $1.50 increase, which is great news.
• Medicare Part B annual deductible: In 2018, Medicare’s Part B annual deductible was $183.00 per calendar year. In 2019, the price of the deductible will be $185.00. Again, more great news as it only experienced a $2.00 increase.
• Medicare Part A hospital deductible: In 2019, the deductible that beneficiaries will pay when admitted to the hospital is $1,364. An increase of $24 from $1,340 in 2018. That is a per service deductible, not an annual deductible.
If you have any questions regarding Medicare costs, please give our office a call at 1-855-368-4717 or visit one of our pages: