The Centers for Medicare and Medicaid Services announced Medicare Part B premiums and the annual deductible will increase in 2025. The monthly premium for Medicare Part B, the part that covers routine screenings, home healthcare, doctor’s visits and outpatient services, will go to $185, an increase of $10.30.

The CMS has released the new Medicare premiums, deductibles, and coinsurance amounts for 2025. Here’s a look at how much more you’ll pay next year.

Medicare Part B premiums will rise in 2025, the Centers for Medicare and Medicaid Services announced. The standard monthly premium for Part B services will increase by $10.30 in 2025 to a new total of $185. That’s an increase of about 5.9%, similar to the premium hike Medicare beneficiaries saw this year.

Medicare premium rates for 2025 come just a month after the Social Security Administration announced the cost-of-living adjustments for next year.

Medicare’s premium increase for Part B in 2025 outpaces both inflation and the Social Security cost-of-living adjustment (COLA).

The looming increase in Medicare premiums for 2025 has sparked concerns among retirees and those approaching retirement age.