CMS releases details on Medicare premiums, deductibles for 2025

The Medicare Part A deductible for inpatient hospital services will increase by $44 in calendar year 2025 to $1,676, the Centers for Medicare & Medicaid Services announced Nov. 8. The Part A daily coinsurance amounts will be $419 for days 61-90 of hospitalization in a benefit period; $838 for lifetime reserve days; and $209.50 for days 21-100 of extended care services in a skilled nursing facility in a benefit period. The monthly Part A premium, paid by beneficiaries who have fewer than 30 quarters of Medicare-covered employment and certain people with disabilities, will increase by $13 in CY 2025 to $518, CMS announced. Certain voluntary enrollees eligible for a 45% reduction in the monthly premium will pay $285 in CY 2025.The annual deductible for Medicare Part B will increase by $17 in 2025 to $257, while the standard monthly premium for Medicare Part B will increase by $10.30 to $185, CMS announced. For more information, see the CMS fact sheet.