2025 Medicare Price Changes
By Daniel Petkevich
Oct 30, 2023
What to expect for the coming year:
Each year, Medicare undergoes various updates and changes. This article will review changes in Medicare premiums, co-pays, and deductibles from 2024 to 2025.
Speak with a Medicare Advocate
Part A Changes
Medicare Part A covers inpatient hospital care and is typically premium-free for most beneficiaries. However, for those with less than 40 quarters of covered employment, the Part A premium is expected to increase from $272 per month in 2024 to $285 per month in 2025.
The Part A Deductible covers the cost of a beneficiary's hospital stay and will increase from $1,632 per 60-day Benefit Period in 2024 to $1,676 in 2025.
Part B Changes
Medicare Part B covers medical services such as doctor's visits and outpatient care. The standard premium for Part B in 2024 was $174.70 per month; in 2025, it will increase to $185 per month. It's important to note that higher-income individuals may be subject to income-related monthly adjustment amounts (IRMAA), which can result in higher premiums.
The Part B annual deductible will increase from $240 in 2024 to $257 in 2025.
Part D Changes
Medicare Part D provides prescription drug coverage, and the premiums for Part D plans can vary widely. The specific premium costs for Part D plans can vary significantly based on the coverage they offer and the region in which you reside. Reviewing your Part D coverage annually to confirm your plan will cover your medications at an affordable cost is essential.
Part C Changes
Medicare Part C, also known as Medicare Advantage, is a type of health insurance plan offered by private insurance companies and can offer additional benefits and services not typically covered by Original Medicare. The premiums for these plans can vary widely based on the coverage they offer and the region in which you reside. Reviewing your Part C coverage annually is essential to confirm your doctors, pharmacy, and prescriptions are covered and affordable.
Conclusion
Staying informed of annual Medicare changes is crucial for beneficiaries. Modest increases in premiums, deductibles, and co-pays are expected in 2025. It's essential for Medicare recipients to understand how these changes can impact their healthcare costs and to review their coverage options carefully. For more information on how these updates will impact you, please schedule a consultation today at fairsquaremedicare.com
Recommended Articles
Medicare Advantage MSA Plans
May 17, 2023
Fair Square Client Newsletter: AEP Edition
Oct 2, 2023
Does Medicare Cover LVAD Surgery?
Nov 30, 2022
Finding the Best Vision Plans for Seniors
Jan 6, 2023
Does Medicare Cover Iovera Treatment?
Jan 11, 2023
What's the Difference Between HMO and PPO Plans?
Dec 1, 2022
What is the Medicare ICEP?
Apr 7, 2023
13 Best Ways for Seniors to Stay Active in Jacksonville
Mar 3, 2023
How Much Does Medicare Cost?
Jul 25, 2022
Does Medicare Cover Xiafaxan?
Jan 19, 2023
Is PAE Covered by Medicare?
Nov 23, 2022
Does Medicare Cover the WATCHMAN Procedure?
Dec 1, 2022
Does Medicare Pay for Bunion Surgery?
Nov 29, 2022
How Do Medigap Premiums Vary?
Apr 12, 2023
14 Best Ways to Stay Active in Charlotte
Mar 9, 2023
Can Doctors Choose Not to Accept Medicare?
Dec 8, 2022
2024 Fair Square Client Retention and Satisfaction Report
Mar 4, 2025
Does Medicare cover Deviated Septum Surgery?
Nov 18, 2022
More of our articles
13 Best Ways for Seniors to Stay Active in Columbus
13 Best Ways for Seniors to Stay Active in Indianapolis
13 Best Ways for Seniors to Stay Active in Philadelphia
13 Best Ways for Seniors to Stay Active in Phoenix
14 Best Ways for Seniors to Stay Active in Seattle
14 Best Ways for Seniors to Stay Active in Washington, D.C.
20 Questions to Ask Your Medicare Agent
2024 Cost of Living Adjustment
Building the Future of Senior Healthcare
Can Medicare Advantage Plans Deny Coverage for Pre-Existing Conditions?
Costco Pharmacy Partners with Fair Square
Does Medicare Cover Air Purifiers?
Does Medicare Cover an FMT?
Does Medicare Cover Boniva?
Does Medicare Cover Cardiac Ablation?
Does Medicare Cover Cervical Disc Replacement?
Does Medicare Cover Chiropractic Visits?
Does Medicare Cover COVID Tests?
Does Medicare Cover Exercise Physiology?
Does Medicare Cover Flu Shots?
Does Medicare Cover Fosamax?
Does Medicare Cover Hearing Aids?
Does Medicare Cover Hoarding Cleanup?
Does Medicare Cover Home Heart Monitors?
Does Medicare Cover Inspire for Sleep Apnea?
Does Medicare Cover Kidney Stone Removal?
Does Medicare Cover Macular Degeneration?
Does Medicare Cover Ofev?
Does Medicare Cover Orthodontic Care?
Does Medicare Cover Oxybutynin?
Does Medicare Cover Ozempic?
Does Medicare Cover Qutenza?
Does Medicare Cover Robotic Surgery?
Does Medicare Cover Scleral Lenses?
Does Medicare Cover Service Animals?
Does Medicare Cover Shock Wave Therapy for Plantar Fasciitis?
Does Medicare Cover Stair Lifts?
Does Medicare Cover the Urolift Procedure?
Does Medicare Cover Wart Removal?
Does Medicare Cover Zilretta?
Does Medicare Pay for Allergy Shots?
Does Medicare Pay for Varicose Vein Treatment?
Estimating Prescription Drug Costs
Explaining the Different Enrollment Periods for Medicare
Health Savings Accounts (HSAs) and Medicare
How Can I Get a Replacement Medicare Card?
How Do Medicare Agents Get Paid?
How Does Medicare Pay for Emergency Room Visits?
How Medicare Costs Can Pile Up
How Much Does Rexulti Cost with Medicare?
How Much Does Xeljanz Cost with Medicare?
How Often Can I Change Medicare Plans?
How to Become a Medicare Agent
How to Compare Medigap Plans in 2025
How to Enroll in Social Security
How Your Employer Insurance and Medicare Work Together
Is Balloon Sinuplasty Covered by Medicare?
Is Emsella Covered by Medicare?
Is the Shingles Vaccine Covered by Medicare?
Medicare Advantage Plans for Disabled People Under 65
Medicare Guaranteed Issue Rights by State
Turning 65 and Thinking of Keeping COBRA? Here’s Why It Usually Backfires
What Are Medicare Part B Excess Charges?
What Happens to Unused Medicare Set-Aside Funds?
What Is a Medicare Advantage POS Plan?
What Is a Medicare Supplement SELECT Plan?
What Is the Medicare Birthday Rule in Nevada?
What People Don't Realize About Medicare
What to Do When Your Doctor Leaves Your Network
What's the Deal with Flex Cards?
Why You Should Keep Your Medigap Plan
Will Medicare Cover it?
Get the Fair Square Bulletin
Medicare savings tips, helpful guides, and more.
Virgil Insurance Agency, LLC (DBA Fair Square Medicare) and www.fairsquaremedicare.com are privately owned and operated by Help Button Inc. Medicare supplement insurance plans are not connected with or endorsed by the U.S. government or the federal Medicare program. This is a solicitation of insurance. A licensed agent/producer may contact you. Medicare Supplement insurance is available to those age 65 and older enrolled in Medicare Parts A and B and, in some states, to those under age 65 eligible for Medicare due to disability or End-Stage Renal disease. Virgil Insurance Agency is a licensed and certified representative of Medicare Advantage HMO, HMO SNP, PPO, PPO SNP and PFFS organizations and stand-alone PDP prescription drug plans. Each of the organizations we represent has a Medicare contract. Enrollment in any plan depends on contract renewal. The plans we represent do not discriminate on the basis of race, color, national origin, age, disability, or sex. Plan availability varies by region and state. For a complete list of available plans please contact 1-800-MEDICARE (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult www.medicare.gov. © 2025 Help Button Inc
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.
MULTIPLAN_FairSquareMedicare_01062022_M
Fair Square Medicare
