Monthly premium for outpatient care will rise by $3.90 next year<\/p>\n<\/h3>\n
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MONDAY, Nov. 9, 2020 (HealthDay News) — The Medicare Part B premium for outpatient care will increase next year, and so will the deductible, Medicare officials announced Friday.<\/p>\n
The monthly premium for outpatient care will rise by $3.90 next year to $148.50, which will claim 20 percent of the average retired worker’s Social Security cost-of-living adjustment of $20 a month next year, the Associated Press <\/em>reported.<\/p>\n Under law, the Part B premium must cover about 25 percent of the cost of Medicare’s supplemental insurance for outpatient services.<\/p>\n There will be a $5 increase in the Part B deductible, bringing it to $203 next year. The inpatient deductible will increase $76 to $1,484, the AP<\/em> reported.<\/p>\n