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WHAT IS THE MEDI-CARE PART "B" DEDUCTIBLE FOR 2020?
2 Answers
- curtisports2Lv 71 year ago
For those turning 65 this year and enrolling, it's $144.60. For those who signed up in recent years when there has been a COLA in their SS that amounts to more than the yearly increase in premium, it's $144.60.
For some who were impacted by very low annual COLA or no COLA, they had no increase in Part B premium or not the full increase, for those years, and they are paying less. There is a law that says your monthly net SS payment cannot be reduced by an increase in Part B premiums.