![2024 Medicare Premiums and Deductibles Are Here](https://cdn.prod.website-files.com/5c4a7c673b460b7f41c6e7a1/5f997f853c288be9ec8afd94_health-alliance-decatur-il.jpg)
2024 Medicare Premiums and Deductibles Are Here
The Centers for Medicare & Medicaid Services (CMS) announced on October 12, 2023 the 2024 Medicare Part A and B costs.
The Medicare Part B premium is increasing by $174.70 in 2024, an increase of $9.80 from 2023.
The Part B deductible will rise to $240, up by $14 from 2023.
CMS says these price hikes are related to the 340B-acquired drug payment policy.
For those with a high income, premiums are also increasing.
For more information about the Medicare 2024 premiums and deductibles, visit the CMS Fact Sheet.
![](https://cdn.prod.website-files.com/5c4a5996369300f7d9c74352/5c5474b1a8cd6f10638dd22e_blog-end-star.png)
Schedule an Appointment
Book time right on our agents' calendars using our online scheduling system.
Choose Appointment![Schedule an Appointment](https://cdn.prod.website-files.com/5c4a7c673b460b7f41c6e7a1/5e724e1a790758c2b2e57d7d_schedule%20an%20appointment%20CTA.jpg)