Medicare Part B premiums will be $170.10 in 2022, an increase of $21.60 from $148.50 in 2021.
Higher income individuals may be subject to additional premiums based on their modified adjusted gross income (MAGI) and federal tax return.
The increase is due to statutory requirements and prior Congressional action.
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Medicare Advantage Plans (Part C) & Medicare Drug Coverage (Part D) Premiums Visit Medicare.gov /plan-compare to find and compare plan premiums . You can also call 1-800- MEDICARE (1-800-633-4227). TTY users can call…
2023 Medicare costs.
If you have higher income, you'll pay an additional premium amount for Medicare Part B and Medicare prescription drug coverage. Social Security determines this amount based on your modified adjusted gross income (MAGI) and your most recent federal tax return. If you have more than the limits set by the law, you'll be subject to a separate bill from another federal agency.
Benefits Planner: Retirement | Medicare Premiums | SSA
The increase in the standard monthly premium—from $148.50 in 2021 to $170.10 in 2022—is based in part on the statutory requirement to prepare for expenses, such as spending trends driven by COVID-19, and prior Congressional action in the Continuing Appropriations Act, 2021 that limited the 2021 Medicare Part B monthly premium
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