Projected 2020 Medicare part B Premium

Trade

Well-known member
https://www.investmentnews.com/article/20190506/BLOG05/190509959/hints-about-social-security-cola-and-medicare-premiums-in-2020


Buried in the recent Social Security and Medicare Trustees' Report were some hints about next year's projected cost-of-living adjustments for Social Security benefits and likely increases in Medicare premiums for 2020.

The fact that the Medicare Part A hospital insurance trust fund is expected to be depleted in 2026 unless Congress acts before then stole the headlines. But the report also revealed that the basic Medicare Part B premium, which helps pay for doctors' fees and outpatient services, is expected to increase by $8.80 to $144.30 a month in 2020.
 

GreenSky

Member
Joined
Oct 26, 2016
Location
Las Vegas
Thanks. I hadn't seen that yet.

I hope that people will start reviewing their supplements to try to offset the increase (and more).

But even at $144, it's VERY cheap coverage despite the fact that we have paid into the system for about 50 years.

Rick
 


Top