Medicare Changes for 2018: What to Look Out For

Medicare changes 2018

There will be a few Medicare changes in 2018. Here’s what to look out for.

  1. Part A (hospital insurance) deductibles are increasing $24 to $1,340.
  2. Some beneficiaries’ Part B premiums will increase from $109 to $134 per month.
  3. If you are above a certain income, your Part B premium could be higher in 2018.
  4. The Centers for Medicare and Medicaid Services will begin sending out new Medicare cards in April without social security numbers printed on them.
  5. Medicare beneficiaries affected by hurricanes and wildfires may have more time to enroll in Medicare – until March 31, 2018. Contact Social Security at 1-800-772-1213 or visit your local Social Security office to ask about this Special Enrollment Period.
  6. If you are enrolled in a Medicare Advantage or Part D plan that has received lower than a 3-star rating for 3 consecutive years, you are eligible to switch to a 5-star rated plan throughout the year.
  7. Social Security benefits and costs are set to increase by 2% for 2018.
  8. Medicare physical and occupational therapy caps will go up from $1,980 each to $2,010 each in 2018.

Related links

Medicare Part A and B Premiums Announced for 2018

The Best Medicare Advantage Plans in 2018

The Tax Bill Passed Congress … How Will it Affect Your Medicare?

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