MEDICARE PART B PREMIUMS TO RISE 6% IN 2025

But out-of-pocket costs for Part D prescription drugs will be capped at $2,000.

- SANDRA BLOCK

MEDICARE enrollees will see their premiums for Part B increase by about 6% in 2025, and premiums for Part D prescription drug plans will go up, too. But the amount you'll ultimately pay will depend on your income from two years ago. Here's a rundown on what to expect: In 2025, standard monthly Medicare Part B premiums, which are typically deducted from Social Security payments, will rise to $185.00 from $174.70 in 2024. For seniors who are subject to the high-income surcharge, premiums will range from $259.00 to $628.90, depending on their 2023 modified adjusted gross income (see the box on the next page).

A high-income surcharge also applies to premiums for Part D. In addition to the standard premium for their Part D plan (which varies, depending on the plan), high-income beneficiaries will pay a surcharge of $13.70 to $85.50. Seniors who enroll in a Medicare Advantage plan that includes drug coverage are also subject to the surcharge.

Other changes to Medicare in 2025 include:

The annual deductible for Medicare Part B beneficiaries will be $257 in 2025, an increase of $17 from $240 in 2024.