Category: Medicare

How Much is the Medicare Part B Deductible in 2020?

Let’s get right to the point. In 2020, the Medicare Part B deductible came in at $198. This is a $13.00 increase from where we were in 2020. That’s a 7% increase year over year and a very similar increase to what we saw (on a percentage basis) with the Medicare Part A deductible. If you remember, the Medicare Part B premiums came in up 6.7% from where we were in 2019. Now a lot...

How Much are Medicare Part B Premiums in 2020?

Well, it’s time to get back to business here at Max Out of Pocket. It is already February and we haven’t even touched on where Medicare Part B premiums came in for the calendar year 2020. Even though I am 30 years or so out from Medicare coverage, I still watch these numbers closely. You should too. They may come sooner than you think. So let’s get right to it. In 2020, the Medicare Part...

Medicare Part A: 10-Years Of Work To Premium Freedom? Maybe.

Ever wonder how much we will have to pay for Medicare Part A premiums? Probably not. It’s a long way off for many of us. For others, it’s not as far off as it used to be. Then there are some already on Medicare Part A and have absolutely no idea how much it is costing them in out-of-pocket premiums. Since I consider healthcare one of the pillars of personal finance, it’s important for us...

How Much Is The 2020 Medicare Part A Deductible?

My friends over at the Medicare program make adjustments to patient out-of-pocket costs every year. This information is usually released in November for the next calendar year. With the new year rolling in, I thought there was no better time than today to take a look at the 2020 Medicare Part A Deductible.   The Medicare Part A Deductible is increasing by 3.23% for the calendar year 2020. This $44.00 increase will put the Part A deductible...