Congress has the authority to increase the Medicare Part B premium and deductible. This typically doesn’t happen every year but it is something you should be aware of.
What is the Part B Premium?
Part B premiums are based on your income. Here are the current rates:
- If you are currently enrolled in Part B and pay through Social Security, the lowest premium would be: $185*
- If you do not pay through Social Security and/or if you are new to Part B your premium could be: $185*
*Your premium could be higher if you make more money.
What is the Part B Deductible?
The Part B deductible is $257.
The Part B deductible may not affect those who are enrolled in certain Medicare Advantage plans or for Medigap plans C and F (these plans cover your Part B deductible).
Learn More about Medigap Get a Medigap Quote
Learn More about Medicare Advantage Get a MA Quote
For further assistance with supplemental plan enrollment, call 800-930-7956.