Medicare Announces Costs, Part B Premium for 2019
The Centers for Medicare and Medicaid announced that the standard Part B monthly premium for 2019 will be $135.50, an increase of $1.50 from 2018. (Higher-income beneficiaries pay an additional adjustment, based on income.)
For those on Original Medicare, here are some costs for 2019:
- Inpatient hospital stay, days 1-60—a deductible of $1,364 per benefit period, an increase of $24. The coinsurance for days 61-90 is $341 per benefit period, up from $335 in 2018.
- Skilled nursing facility stay, days 21-100—a copayment of $170.50 per day, a $3.00 increase. There is no copayment for the first 20 days.
- The Part B deductible will increase to $185 from $183.
Medicare Advantage plans establish the copayments and coinsurance for hospitalization and skilled nursing facility stays. Those with Advantage plans must pay the standard Part B premium.
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