2016 Medicare Costs Announced!

November 16th, 2015

Starting January 1st, the Part B premium will remain the same for most people with Medicare, amounting to $104.90 per month. For beneficiaries who are not held harmless and protected from premium increases, the standard Part B premium will be $118.80. These beneficiaries will also pay a $3 surcharge, bringing their total monthly cost to $121.80. The Part B deductible will be $166 for all people with Medicare, up from $147. The Part A deductible will be $1,288 in 2016.


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