News in Medicare

CMS (Centers for Medicare and Medicaid Services) has released Medicare Part B changes for 2025. Starting in January 2025:

• Standard monthly premium for Medicare Part B is increasing from $174.70/month to $185/month
• Medicare Part B deductible is increasing from $240 to $257

For higher earners who are subject to the Medicare Income-Related Monthly Adjustment Amount (IRMAA): IRMAA Premiums for Part B and D