2024 Medicare Deductibles & Copays
CMS recently announced 2024 monthly premium, deductible and co-pay amounts for Medicare Part A and Part B.
The 2024 standard Medicare Part B monthly premium will be $174.70. This is a increase of $9.80 when compared to the 2023 monthly premium of $164.90. This amounts to a 5.9% increase, after a 3.0% decrease last year.
The annual Part B deductible for 2024 is $240, up from $226.
The Part A deductibles and coinsurances will increase 2.0% for 2024, after an increase of 2.8% in 2023.
Source data: https://www.cms.gov/newsroom/fact-sheets/2024-medicare-parts-b-premiums-and-deductibles
https://www.cms.gov/medicare/health-drug-plans/medigap/f-g-j-deductible-announcements
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