Tags: APFN | US | Medicare Premiums

Medicare 'Part B' Premium for Outpatient Care to Rise by $1.50 a Month

medicare written in capital black block letters with blue and red pills and syringes
(Natalya Buzuevskaya/Dreamstime)

Friday, 12 October 2018 02:33 PM

Medicare says its "Part B" premium for outpatient care will rise by just $1.50 a month next year. That means retirees should be able to keep more of their recently-announced Social Security cost-of-living increase.

Medicare officials said Friday the standard premium will be $135.50 a month for 2019. "Part B" of Medicare covers doctor visits and outpatient care, while "Part A" covers hospitalization.

The annual outpatient deductible will increase by only $2, to $185 next year. That's the amount beneficiaries are responsible for before Medicare starts paying.

The inpatient deductible will increase by $24, to $1,364 in 2019.

Just Thursday, Social Security announced a 2.8 percent cost-of-living adjustment, or COLA, the highest in 7 years. It works out to an estimated $39 a month for the average retired worker.

© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
Personal-Finance
Medicare says its "Part B" premium for outpatient care will rise by just $1.50 a month next year.
APFN, US, Medicare Premiums
129
2018-33-12
Friday, 12 October 2018 02:33 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved