Medicare premiums, deductibles, copayments, and other costs often change each year. The Centers for Medicare & Medicaid Services (CMS) typically announce changes in costs for the upcoming calendar year during late fall of the current year. This page will be updated as CMS releases information about costs for the upcoming year.

Part A costs in 2024
Premium if you have between 30 and 39 working quarters $278/month
Premium if you have fewer than 30 working quarters $505/month
Deductible $1,632/benefit period
Inpatient hospital daily coinsurance for days 61 to 90 $408/day
Inpatient hospital daily coinsurance for 60 lifetime reserve days $816/day
Skilled nursing facility (SNF) daily coinsurance for days 21 to 100 $204/day
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Part B costs in 2024
Premium $174.70/month
Annual deductible $240
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Part B Income-Related Monthly Adjustment Amount (IRMAA) in 2024
Your annual income Your monthly premium in 2024
Individuals Couples
Equal to or below $103,000 Equal to or below $206,000 $174.70
$103,001 -$129,000 $206,001 – $258,000 $244.60
$129,001 – $161,000 $258,001 – $322,000 $349.40
$161,001 – $193,000 $322,001 – $386,000 $454.20
$193,001 – $499,999 $386,001 – $749,999 $559.00
$500,000 and above $750,000 and above $594.00
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Part D costs in 2024
National base premium $34.70/month
Annual deductible $545
Coverage gap begins $5,030
Catastrophic coverage begins $8,000
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Part D IRMAA in 2024
Your annual income What you pay in addition to your regular Part D premium
Individuals Couples
Equal to or below $103,000 Equal to or below $206,000 $0
$103,001 -$129,000 $206,001 – $258,000 $12.90
$129,001 – $161,000 $258,001 – $322,000 $33.30
$161,001 – $193,000 $322,001 – $386,000 $53.80
$193,001 – $499,999 $386,001 – $749,999 $74.20
$500,000 and above $750,000 and above $81.00
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