Medicare Part B Premiums Climb for 2020
by Rachel L. Sheedy, Editor, Kiplinger's Retirement Report
Nov 13, 2019
2 minutes
Medicare beneficiaries, expect to pay more for coverage next year. The Medicare Part B premium is rising, and high-income retirees will see a spike in income-related charges for 2020. But for the first time in a decade, inflation adjustments have changed the income thresholds for those charges, mitigating the pain for some high-income beneficiaries.
The standard monthly premium for Part B, which covers doctor visits and other outpatient services, jumps benefits and those who are directly billed for Part B premiums are automatically subject to the standard premium.
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