On November 8, the Centers for Medicare & Medicaid Services (CMS) announced 2025 premiums, deductibles, and coinsurance amounts for Medicare Part A and Part B, among other information.

• Medicare Part B Premiums/Deductibles: The standard monthly premium for Medicare Part B enrollees will be $185.00 for 2025, an increase of $10.30 from $174.70 in 2024. The annual deductible for all Medicare Part B beneficiaries will be $257 in 2025, an increase of $17 from the annual deductible of $240 in 2024.
• Medicare Part A Premiums/ Deductibles:  The Medicare Part A inpatient hospital deductible that beneficiaries pay if admitted to the hospital will be $1,676 in 2025, an increase of $44 from $1,632 in 2024. In 2025, beneficiaries must pay a coinsurance amount of $419 per day for the 61st through 90th day of a hospitalization ($408 in 2024) in a benefit period and $838 per day for lifetime reserve days ($816 in 2024). For beneficiaries in skilled nursing facilities, the daily coinsurance for days 21 through 100 of extended care services in a benefit period will be $209.50 in 2025 ($204.00 in 2024).

See this CMS Fact Sheet for additional information, including income-based adjustments to Part B  premiums and the Medicare Part D income-related monthly adjustment amounts.

And, a reminder that with only a few more weeks remaining for 2024 Medicare Open Enrollment, LeadingAge provider members can use our “Top 5 Things to Know About Medicare Open Enrollment” flyer to support older adults as they choose how to receive their Medicare benefits for the next calendar year (2025). Access the resource here.