On October 12, 2023 the Center for Medicare & Medicaid Services (CMS) announced the 2024 Medicare premiums and deductibles.
A few highlights:
The standard Part B (medical) premium is increasing to $174.70/mo (from $164.90/mo in 2023)
The Part A (hospital) deductible is increasing to $1,632 (from $1,600 in 2023)
The Part B (medical) deductible is increasing to $240 (from $226 in 2023)
Additionally, the income ranges that determine Part B, high income Part B IRMAA, and high income Part D IRMAA premiums have changed. See all the details below:
Reference Links
medicare.gov
2024 Medicare Premiums & Deductibles