2020 Medicare Part B premium — $144.60
Standard monthly Part B premium, 2020
$144.60
+$9 on 2019. The annual deductible was $198, +$13 on the year before.
- Standard premium
- $144.60per month
- Annual deductible
- $198
- Change on 2019
- +$96.72%
- Highest tier
- $491.606 income brackets
What it did to a Social Security payment
The Part B premium is withheld from the Social Security payment, so it lands in the same January as the cost-of-living adjustment and the two move against each other. A $2,000 monthly benefit in 2019 became $2,032 gross with the 1.6% adjustment — a rise of +$32. After the premium went from $135.50 to $144.60, the payment rose +$23, an effective 1.23%.
| 2019 | 2020 | |
|---|---|---|
| Gross monthly benefit | $2,000 | $2,032 |
| Part B premium | $135.50 | $144.60 |
| Net payment | $1,864 | $1,887 |
The full ledger for a $2,000 benefit at current rates carries the annual figures and the percentile context.
The 2020 income-related tiers
Anyone whose modified adjusted gross income on the 2018 tax return crossed the first threshold paid more than the standard premium. The adjustment is a flat dollar amount per tier, not a percentage of income, and it steps at the bracket boundary rather than phasing in.
| Single | Married filing jointly | Adjustment | Total Part B |
|---|---|---|---|
| Up to $87,000 | Up to $174,000 | none | $144.60 |
| $87,001 to $109,000 | $174,001 to $218,000 | $57.80 | $202.40 |
| $109,001 to $136,000 | $218,001 to $272,000 | $144.60 | $289.20 |
| $136,001 to $163,000 | $272,001 to $326,000 | $231.40 | $376.00 |
| $163,001 to $499,999 | $326,001 to $749,999 | $318.10 | $462.70 |
| $500,000 and above | $750,000 and above | $347.00 | $491.60 |
The 2020 brackets in detail, including the reconstruction check — every tier is verified against the statutory multipliers as well as against the notice.
Related
- Every year22 premium years
- IRMAA bracketsall committed years
- Hold harmlessthe premium cap
- The 2020 COLA1.6%
- Offset calculatoryour amount
- The net raisethe study
Sources and freshness
- Federal Register — Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rates, and Annual Deductible Beginning January 1, 2020 — verified 10 August 2026
- SSA POMS HI 01101.020 — Income-related monthly adjustment amount — verified 10 August 2026
Every year page draws on that year’s own Federal Register notice, retrieved from govinfo rather than from cms.gov.
Figures effective 1 January 2020. Page figures last verified against the sources above on 10 August 2026. Corrections: the correction log · support@inventum.com.au