Medicare premiums, deductibles, and coinsurance amounts change annually. Here’s a look at some of the costs that will apply in 2019 if you’re enrolled in Original Medicare (Part A and Part B).
According to the Centers for Medicare & Medicaid Services (CMS), most people with Medicare who receive Social Security benefits will pay the standard monthly Part B premium of $135.50 in 2019. However, if your premiums are deducted from your Social Security benefits, and the increase in your benefit payments for 2019 will not be enough to cover the Medicare Part B increase, then you may pay less than the standard Part B premium.
People with higher incomes may pay more than the standard premium. If your modified adjusted gross income as reported on your federal income tax return from two years ago is above a certain amount, you’ll pay the standard premium amount and an Income Related Monthly Adjustment Amount (IRMAA), which is an extra charge added to your premium, as shown in the following table.
|You filed an individual income tax return for 2017 with income that was:||You filed a joint income tax return for 2017 with income that was:||You filed an income tax return for 2017 as married filing separately with income that was:||Monthly premium in 2019 including any IRMAA is:|
|$85,000 or less||$170,000 or less||$85,000 or less||$135.50|
|Above $85,000 up to $107,000||Above $170,000 up to $214,000||N/A||$189.60|
|Above $107,000 up to $133,500||Above $214,000 up to $267,000||N/A||$270.90|
|Above $133,500 up to $160,000||Above $267,000 up to $320,000||N/A||$352.20|
|Above $160,000 and less than $500,000||Above $320,000 and less than $750,000||Above $85,000 and less than $415,000||$433.40|
|$500,000 and above||$750,000 and above||$415,000 and above||$460.50|
Other Medicare Part A and Part B costs in 2019 include the following: