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2020 Premiums, Deductible and Coinsurance for Medicare Parts A and B

2020 Premiums, Deductible and Coinsurance for Medicare Parts A and B

The Centers for Medicare & Medicaid Services (CMS) has released the 2020 Medicare Part A and Part B premiums, deductibles and coinsurance paid by beneficiaries. These amounts take effect on January 1, 2020. 

Highlights from this data include:

  • The standard Part B premium will increase by $9.10 per month in 2020.
  • High-income beneficiaries will pay a higher premium than the standard premium on a sliding scale.
  • The Part B deductible for all Medicare beneficiaries will increase by $13.00.

 

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