Medicare Part B Premiums Surge in 2025, Outpacing Social Security and Inflation

Medicare Part B premiums will increase by about 6% in 2025, raising the standard monthly premium to $185.00, up from $174.70 in 2024. The annual deductible will also rise to $257. This increase is due to projected price changes and utilization increases. The Social Security cost-of-living adjustment (COLA) for 2025 is set at 2.5%, which is generally outpaced by Medicare premium increases. Higher-income enrollees will pay additional charges based on their income, impacting about 8% of beneficiaries.