• The standard Part B premium increased to $144.60/month.
  • The Part B deductible increased to $198.
  • Part A premiums, deductible, and coinsurance are also higher in 2020.
  • Medigap Plans C and F are no longer available for purchase by newly-eligible Medicare beneficiaries.
  • The high-deductible Plan F has been discontinued for New to Medicare enrollees, so there is a new high-deductible Plan G available instead.
  • The income brackets for high-income premium adjustments for Medicare Part B and D have been inflation-adjusted for the first time as of 2020; “high-income” starts at $87,000 for a single person, instead of $85,000.
  • Medicare Advantage enrollment is expected to continue to increase.
  • Part D donut hole no longer exists, but a standard plan’s maximum deductible has increased to $435, and the threshold for entering the catastrophic coverage phase (where out-of-pocket spending decreases significantly) has increased to $6,350.