Medicare costs going up in 2020
In order to keep pace with cost increases, the premium and deductible for Medicare Part B is going up in 2020, and Medicare Part A deductibles and co-payments are also going up. Although Medicare Part A, hospitalization coverage, is premium free for about 99% of beneficiaries, Part B – which provides insurance coverage for doctors and other outpatient services – carries a base monthly premium, which is rising by $9.10 per month. This article by Cate Kortzeborn appears at the Thousand Oaks (CA) Acorn and explains how Medicare’s increases for 2020 may affect you. Click here to read more.