2019 Medicare Premiums at a Glance

Here is a look at the 2019 Medicare premiums for each part of Medicare, along with how much these premiums increased from 2018.

Man sitting at a table reviewing documents

2019 Medicare Part A premium

Most people do not pay a premium for Medicare Part A in 2019. To qualify for premium-free Part A, you must have worked and payed Medicare taxes for 40 quarters (10 years).

If you paid Medicare taxes for only 30-39 quarters, your 2019 Part A premium will be $240 per month. If you paid Medicare taxes for fewer than 30 quarters, your premium will be $437 per month.

How it changed from 2018
The 2019 Part A premiums increased a little over 3 percent from 2018.

2019 Medicare Part B premium

The standard monthly Medicare Part B premium is $135.50 in 2019. While most people pay only the standard premium, higher income earners will be charged a higher premium.

How it changed from 2018
The 2019 Part B premiums rose by close to 1.1 percent from 2018 across all income levels. However, an additional income bracket was added in 2019.

The table below illustrates how your 2019 Part B premiums could be affected by your reported income in 2017.

Medicare Part B Premiums

2017 Individual tax return

2017 Joint tax return

2017 Married and separate tax return

2019 Part B premium

$85,000 or less

$170,000 or less

$85,000 or less

$135.50

More than $85,000 and up to $107,000

More than $170,000 and up to $214,000

N/A

$189.60

More than $107,000 up to $133,500

More than $214,000 up to $267,000

N/A

$270.90

More than $133,500 up to $160,000

More than $267,000 up to $320,000

N/A

$352.20

More than $160,000 up to $500,000

More than $320,000 up to $750,000

More than $85,000 up to $415,000

$433.40

More $500,000

More than $750,000

More than $415,000

$460.50

2019 Medicare Part C premiums

Medicare Part C plans, also known as Medicare Advantage plans, are sold on the private marketplace. Plan premiums will vary by provider, plan and location.

The Centers for Medicare and Medicaid Services (CMS) reports that the average Medicare Advantage plan premium in 2019 will be $28.00 per month. This represents a 6 percent decrease from the average Medicare Advantage plan premium in 2018.

2019 Medicare Part D premiums

Medicare Part D plans, which provide coverage exclusively for prescription medications, are also sold by private insurance companies, so Part D plan premiums will vary from plan to plan.

The average Part D plan premium in 2019 is will be around $41.21 per month, which is a 2 percent increase from the 2018 average premium.1

Some Medicare Advantage plans offer $0 premiums

Did you know that some Medicare Advantage plans offer $0 premiums? $0 premium plans aren’t available in all locations, so call a licensed insurance agent today to compare the plans that are available where you live.

Call TTY Users: 711 24 hours a day, 7 days a week to get started.

 

1 Cubanski, Juliette; Damico, Anthony; Neuman, Tricia. Medicare Part D: A First Look at Prescription Drug Plans in 2019. (Oct. 16, 2018). Kaiser Family Foundation. Retrieved from www.kff.org/medicare/issue-brief/medicare-part-d-a-first-look-at-prescription-drug-plans-in-2019.

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