Changes Ahead for Medicare Plans for 2020

As open enrollment for Medicare is just around the corner, changes are coming for 2020 that all enrollees and those who are enrolling for the first time should be aware of. Some of the changes are routine, but there are a few regarding the availability of certain plans as well as significant changes to Medicare Advantage prescription drug plans. Below is a rundown of the changes coming for the 2020 policy year. Medicare Part B The monthly premium is projected to rise to $144.30 a month, up from $135.50 in 2019. Medicare supplements Two plans will disappear for new enrollees,…

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