Significant Social Security changes are on the horizon, and these are going to affect Medicare premiums. Those who receive Medicare benefits and pay premiums are likely to see an increase in how much they’re paying.
For the 2025 calendar year, the Centers for Medicare and Medicaid Services (CMMS) hasn’t announced the monthly premium amounts and deductibles. Considering the COLA, the cost of living adjustment is 5.9 percent, the increase in the monthly premiums is likely to fall within.
Here are the current monthly premiums and deductibles for Medicare.
Part A monthly premiums
Though most people don’t pay Medicare Part A premiums, some do. The monthly premium amount for Part A depends on how long you’ve paid Medicare taxes. If you paid Medicare taxes for 40 or more quarters, you aren’t going to pay for it. For the individuals who paid Medicare taxes for between 30 and 39 quarters, the standard Part A premium is $259. If Medicare taxes paid is less than 30 quarters, the standard Part A premium is increased to $471.
Part A deductible is the same for all individuals that benefit from Medicare. For the 2025 calendar year, the Part A deductible is $1,484. As for the coinsurance, there isn’t a payment for up to 60 days. From 61 to 90 days, coinsurance is $371 per day for each calendar year. For 90 days and beyond, the coinsurance is $742 per day for up to 60 lifetime reserve days, and after that, the total costs are paid.
Part B monthly premiums
The standard Part B premium isn’t increased significantly. It’s at $148.50 per month. However, if you’re a high-income beneficiary, you’re most likely to pay a higher monthly premium than this.
Part B deductible is $203, and after the deductible is met, you’re going to pay about 20 to 25 percent of the Medicare-approved amounts for the medical services.
As for Part C and Part D, these depend on the kind of coverage you have. Ask your insurance company to learn more about the Part C and D deductibles and monthly premiums.