With the New Year just starting, I wanted to post the key, new Medicare numbers that will be in effect for 2018.   These are the key changes to Medicare’s premiums and coverages.  As I noted in July, CMS did not increase the Part B premium or Part B deductible for 2018 as expected.  Below are the key, new numbers:

• Part A deductible – Will be $1340 up from $1316 (per 60 day Benefit Stay)
• Part B Deductible – Will remain at $183.  Yippee! (Annual deductible)
• Part B Premium – Will also remain at $134.00 for new beneficiaries. (Will not apply to many existing beneficiaries who had already taken out of Social Security) And does not apply to high income earners.
• Part D Maximum Deductible – Will be $405 up from $400 (Some plans don’t have a deductible)
• Part D Premium National Average – Will be $35.02 DOWN from $35.63.  (Is used to determine Part D Penalty)

Feel free to contact me if you have any questions or need assistance with selecting a Medicare Plan.  I don’t charge any fees nor increase your cost.

Based in the Richmond, Va area, David Higgs of Choices In Medicare specializes in helping seniors transition to Medicare.  He can be reached at email:  David@ChoicesInMedicare.com or go to website:  www.ChoicesInMedicare.com