Medicare Premiums and Deductibles to See Notable Increases in 2024
- Medicare Part B premiums to increase by $9.80 to $174.70 per month in 2024, a 5.9% rise
- Medicare Part B deductible to go up by $14 to $240 in 2024, a 6.2% increase
- Medicare Part A inpatient hospital deductible to increase by $32 to $1,632 in 2024
- Medicare Part A coinsurance for hospital days 61-90 to rise to $408 per day in 2024
- Increase comes after Medicare Part B premiums fell about 3% in 2023