2020 Medicare Deductibles and Coinsurance Changes
This upcoming year is bringing changes again to Medicare's Deductible and Coinsurance. Here at Texas Healthcare Specialists, Inc. we want to make sure that you are aware of the changes and are kept update with how Medicare's Part A and B coverage works for you. Also, keep in mind that if you are covered by a Medicare supplement insurance plan in Texas or anywhere else in the United States, that all Plans are standardized for your protection and are ment to match the federal program's deductible and coinsurance increases. For more information on Texas Medigap Insurance Policies and how they coinside with the below mentioned changes to Part A and B, please contact an agent at (512) 868-4469 or click here to complete our safe and secure Texas Medicare Supplement Quote Form.
2020 Medicare Deductible and Coinsurance Updates
| Medicare Benefits |
2019
|
2020
|
| Part A Inpatient Hospital Deductible |
$1,364
|
$1,408
|
|
Hospital Coinsurance
61 - 90 days
91 - 150 days (Lifetime Reserve)
|
$341
$682
|
$352
$704
|
|
Skilled Nursing Facility Care Coinsurance
21 - 100 days
|
$170.50
|
$176.50
|
| Part B Physician's Service and Supplies Deductible |
$185
|
$198
|
Please not that the chart above only represents what changes will be occuring from the 2019 calander year to the 2020 calander year, this chart does not represent the full coverage benefits from having Medicare's Part A and B.
The standard Medicare Part B monthly premium will be $144.60 in 2020. To find out more about your Medicare Part B premium, please contact the Social Security Administration at 1-800-772-1213 or visit them at www.ssa.gov.
Higher-income beneficiaries pay $144.60 plus an additional amount, based on the income-related monthly adjustmentamount (IRMAA).
