Medigap Monday: 2019 Medicare Parts A and B Premiums and Deductibles
The increases for Medicare premiums and deductibles have been announced. Great news! The increases are very minimal.
- Medicare Part A 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.