Medicare Premiums to Rise in 2025, Impacting Seniors' Budgets
The Centers for Medicare & Medicaid ServicesMedicare Part A and B premiums and deductibles, affecting millions of seniors.
- Medicare Part B premiums will increase by 6% to $185 per month in 2025, with deductibles rising to $257.
- Medicare Part A premiums will see a $13 increase to $518 monthly, while the deductible for hospital stays will rise by $44 to $1,676.
- Part D prescription drug coverage will introduce a $2,000 out-of-pocket cap, benefiting approximately 3.2 million seniors.
- Higher-income beneficiaries will face additional costs, with income-related adjustments affecting about 8% of Part B enrollees.
- The Social Security Administration announced a 2.5% cost-of-living adjustment for 2025, which may be offset by rising Medicare costs.
Investopedia 
Denver Gazette 
Washington Examiner 
The Hill 
Newsweek 