Medicare Monthly Part B Premiums to Rise Next Year

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Medicare Monthly 'Part B' Premiums to Rise Next Year

If you're enrolling in Medicare, listen up next year, you're gonna need to pay about $10 more for monthly premiums of Medicare. Part B, the center for Medicare and Medicaid services announced yesterday that the monthly premium will go up from $174.70 from $164.90. Also going up is the annual part B deductible. So in 2024 expect to pay about $240 a year, which is an increase of $14. So why the increase in part B premiums C MS says higher health care costs are partly to blame.