Medicare changes 2019

Below are some of the changes for Medicare for 2019.

Part A deductible changes from $1340 to $1364 (this deductible is per occurrence after 60 days)

Part B deductible increases from $183 to $185 (this is a one-time deductible per year)

Part B premium that comes out of Social Security check each month increases $1.50 per month to $135.50.  (Individuals making more than $85,000 pay higher premiums).

To qualify for extra help with Medicare prescription drug plan costs in 2019, your annual income must be limited to $18,210 for an individual ($24,690 for a married couple living together).  To qualify for Extra Help, your resources must be limited to $14,100 for an individual or $28,150 for a married couple living together.

If you have further questions on Medicare, visit our website www.franksinsurancegroup.com or call 903-868-0791