CMS Announces 2020 Medicare Parts A & B Premiums & Deductibles

CMS has announced the Medicare 2020 Parts A & B premiums and deductible changes. Medicare Part B premiums for 2020 are increasing from $135.50 to $144.60 a month. For those higher income earners the amounts are also going up across the board.

See the announcement by visiting CMS.gov. Some other changes include the Part B deductible increasing for $185 in 2019 to the new $198 for 2020.