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2019 Standard

2019

The standard Part B premium amount in 2019 is $135.50. Most people will pay the standard Part B premium amount. If your 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.

If your yearly income in 2017 (for what you pay in 2019) wasYou pay each month (in 2019)File individual tax returnFile joint tax returnFile married & separate tax return$85,000 or less$170,000 or less$85,000 or less$135.50above $85,000 up to $107,000above $170,000 up to $214,000Not applicable$189.60above $107,000 up to $133,500above $214,000 up to $267,000Not applicable$270.90above $133,500 up to $160,000above $267,000 up to $320,000Not applicable$352.20above $160,000 and less than $500,000above $320,000 and less than $750,000above $85,000 and less than $415,000$433.40$500,000 or above$750,000 and above$415,000 and above$460.50

Get more information about your Part B premium from Social Security [PDF, 341 KB].

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.

If your yearly income in 2018 (for what you pay in 2020) wasYou pay each month (in 2020)File individual tax returnFile joint tax returnFile married & separate tax return$87,000 or less$174,000 or less$87,000 or less$144.60above $87,000 up to $109,000above $174,000 up to $218,000Not applicable$202.40above $109,000 up to $136,000above $218,000 up to $272,000Not applicable$289.20above $136,000 up to $163,000above $272,000 up to $326,000Not applicable$376.00above $163,000 and less than $500,000above $326,000 and less than $750,000above $87,000 and less than $413,000$462.70$500,000 or above$750,000 and above$413,000 and above$491.60Late enrollment penalty: In most cases, if you don't sign up for Part B when you're first eligible, you'll have to pay a late enrollment penalty. You'll have to pay this penalty for as long as you have Part B. Your monthly premium for Part B may go up 10% of the standard premium for each full 12-month period that you could have had Part B, but didn't sign up for it. Also, you may have to wait until the General Enrollment Period (from January 1 to March 31) to enroll in Part B. Coverage will start July 1 of that year.

Learn more about the Part B late enrollment penalty.

Part B costs if you have Original Medicare

Note

All Medicare Advantage Plans must cover these services. If you're in a Medicare Advantage Plan, costs vary by plan and may be either higher or lower than those in Original Medicare. Review the "Evidence of Coverage" from your plan.

Part B annual deductible:

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:

Most doctor services (including most doctor services while you're a hospital inpatient)Outpatient therapyDurable medical equipment (DME)Clinical laboratory services:  You pay $0 for Medicare-approved services.

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