2025 Medicare Part B Premiums & Deductibles: What to Expect
As we step into 2025, here’s a quick guide to the updated Medicare Part B costs, designed to help agents and beneficiaries understand the changes:
Monthly Premium: The standard premium will rise to $185 (from $174.70 in 2024).
Annual Deductible: Set to $257, an increase from 2024’s $226.
These adjustments reflect increased healthcare spending and ensure Medicare can continue to support beneficiaries effectively. Higher-income enrollees may also see adjusted premiums based on income.
Here’s a table to illustrate the 2025 Medicare Part B premium adjustments for married beneficiaries filing separate tax returns:
| Modified Adjusted Gross Income (MAGI) | Income-Related Monthly Adjustment Amount | Total Monthly Premium Amount |
|---|---|---|
| Less than or equal to $106,000 | $0.00 | $185.00 |
| Greater than $106,000 and less than $394,000 | $406.90 | $591.90 |
| Greater than or equal to $394,000 | $443.90 | $628.90 |
For more information, read CMS's full update here.