What is the Medicare Deductible?On October 12, 2018, the Centers for Medicare & Medicaid Services (CMS) released the  Medicare Part A and Part B premiums, deductibles, and coinsurance amounts for 2019.

Medicare Part B Premiums and Deductibles

Medicare Part B covers physician services, outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Medicare Part A.

The standard monthly premium for Medicare Part B enrollees is $135.50 for 2019.

An estimated 2 million Medicare beneficiaries (about 3.5%) will pay less than the full Part B standard monthly premium amount in 2019. This is due to the statutory hold harmless provision, in which Part B premium increases for certain individuals may be no greater than the increase in their Social Security benefits.

The 2019 deductible for all Medicare Part B beneficiaries is $185. Premiums and deductibles for Medicare Advantage and Medicare Prescription Drug Program plans are already finalized and not affected by this announcement.

Since 2007, a beneficiary’s Part B monthly premium is based on his or her income. These income-related monthly adjustment amounts (IRMAA) affect roughly 5 percent of people with Medicare Part B. 

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