Slight increase in Medicare’s outpatient ‘Part B’ premium

WASHINGTON (AP) — Medicare says its “Part B” premium for outpatient care will rise by just $1.50 a month next year. That means retirees should be able to keep more of their recently-announced Social Security cost-of-living increase.

Medicare officials said Friday the standard premium will be $135.50 a month for 2019. “Part B” of Medicare covers doctor visits and outpatient care, while “Part A” covers hospitalization.

The annual outpatient deductible will increase by only $2, to $185 next year. That’s the amount beneficiaries are responsible for before Medicare starts paying.

The inpatient deductible will increase by $24, to $1,364 in 2019.

Just Thursday, Social Security announced a 2.8 percent cost-of-living adjustment, or COLA, the highest in 7 years. It works out to an estimated $39 a month for the average retired worker.

Associated Press

Associated Press

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Colder weather will settle in for the week.

Colder weather will settle in for the week.

High pressure moving southward into the region has its source far to the north, so it's much colder and our

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