The recent announcement from the CMS includes changes in premium and deductible amounts to both Parts A and B. The Part A deductible for inpatient hospital services will increase by $24 in the calendar year 2019, to $1,364. The monthly Part A premium will increase by $15 in CY 2019 to $437. The standard monthly premium for people with Medicare Part B will be $135.50 for 2019, an increase of $1.50 from 2018. An estimated 2 million beneficiaries (about 3.5 percent) will pay less than the full Part B standard monthly premium amount in 2019 due to the statutory hold harmless provision, which limits certain beneficiaries’ increase in their Part B premium to be no greater than the increase in their Social Security benefits.
You can find a brief overview of what is covered by both Parts A and B below along with the full press release and fact sheet provided by the CMS.
Part A covers inpatient hospital, skilled nursing facility, and some home health care services. About 99 percent of beneficiaries do not have a Part A premium since they have at least 40 quarters of Medicare-covered employment.
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.
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