“On October 12, 2018, the Centers for Medicare & Medicaid Services (CMS) released the 2019 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs.”
The standard annual deductible for Medicare Part A beneficiaries will be $1,364 in 2019.
More about Part A:
Original Medicare Part A (also known as Hospital Insurance) covers inpatient hospital care, skilled nursing and home health care. As it was announced on 10/12/18, the annual deductible for this will be $1,364, an increase of $24 from 2018.
This deductible covers beneficiaries’ share of costs for the first 60 days of inpatient hospital care in a benefit period.
*This only pertains to enrollees who have 40 quarters of employment
The standard monthly premium for Medicare Part B enrollees will be $135.50 for 2019.
More about Part B:
Original Medicare Part B (also known as Medical Insurance) covers outpatient hospital / emergency room visits, some preventative care, and physician services. As it was announced on 10/12/18, the monthly premium for this will be $135.50, which is an increase of $1.50 from 2018. The annual deductible will be $185, an increase of $2 from 2018.
*Medicare Advantage Plans and Medicare Prescription Drug Plans are unaffected by this
For more information on the 2019 Medicare Parts A and B premiums and deductibles (CMS-8068-N, CMS-8069-N, CMS-8070-N), please visit https://www.federalregister.gov/public-inspection.
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