Infographic explaining Medicare Costs at a Glance for 2019

As a Medicare recipient, you may be wondering how the new 2019 charges compare to your 2018 charges. Let’s take a look.

Part B

First, the good news for 2019: when it comes to Medicare Part B, things are going to stay near where they were in 2018. Your Part B premiums will  average around $135.50, and your Part B deductible will run around $185.

Part A

Most of us did not pay a monthly Part A premium in 2018, and those of us who did paid up to $422 on average every month. In 2019, average monthly Part A premiums will increase to $437.

When it comes to your Part A hospital inpatient deductible, you’ll be paying $1,364 for each benefit period, up from $1,340 in 2018. For the first 60 days in the hospital, your insurance co-pay will remain at $0, but after that you can expect costs to increase. For days 61 to 90, daily coinsurance will be $341 per day during each benefit period. After 91 days, your coinsurance for each “lifetime reserve day” will be $682. This figure applies for up to 60 days over the course of your life, and you’ll still be responsible for all costs if you exceed your maximum number of lifetime reserve days.

In Your Community

Keep in mind that these are the average costs for basic Medicare in 2019. For personalized information about your individual Medicare costs, contact your local licensed HealthMarkets agent to get the help you need – all at no cost to you.

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References

https://www.medicare.gov/your-medicare-costs/costs-at-a-glance/costs-at-glance.html | https://www.medicare.gov/pubs/pdf/11579-Medicare-Costs.pdf

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