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2020 Medicare Part B premium and deductible

2020

The standard Part B premium amount in 2020 will be $144.60. Most people will pay the standard Part B premium amount. If you modified adjusted gross income as reported on your IRS tax return from 2 years ago is above a certain amount, you’ll pay the standard premium amount and an Income Related Monthly Adjustment Amount (IRMAA). IRMAA is an extra charge added to your premium.

Part B deductible & coinsurance
You pay $185 per year in 2019 ($198 in 2020) for your Part B Deductible. After your deductible is met, you typically pay 20% of the Medicare-approved amount for these:

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2022 Part B and D premium according to income IRMA

ByMike Kerl

Every January the government determines the amount your part B premium will be based on your income from 2 years ago. If you are considered a ‘high-earner’ there is an adjustment (increase) applied to your premium for the upcoming calendar year. There is also an adjustment added to your prescription plan premiums based on the same income gird (‘high-earners’ only).see below for reference:​ 2022 part b irma, 2022 part d irma, 2022 medicare part b irma premiums, 2022 medicare part […]