Are there changes to Medicare Part B in 2025?

If you’re already enrolled in Medicare Part B, or will be signing up for coverage soon, you may want to review the changes coming to the program in 2025. Most people enroll in Part B when they first get Medicare and pay a monthly premium for the included medical insurance benefits. Your cost sharing includes an annual deductible and copayments and/or coinsurance. Increasing costs may affect the way you plan for the year ahead. 

What is Part B?

Medicare Part B (medical insurance) provides coverage for medically necessary services and supplies in an outpatient setting. It helps cover doctor visits, outpatient surgical procedures, preventive care services, and durable medical equipment (DME). Unless you have other creditable coverage, like employer or union group insurance, you’ll likely enroll in Part B as soon as you’re eligible. Most people with Part B pay a monthly premium based on income. 

Changes to the Part B premium and deductible in 2025

The standard Part B premium is increasing from 174.70 to $185 in 2025. Unless you are dual-eligible for both Medicare and Medicaid or qualify for other help due to low income and resources, you’ll be responsible for paying this premium monthly to keep your coverage. 

Before your Part B coverage kicks in, you’ll have to pay an annual deductible for any services or supplies you require. The Part B deductible in 2025 is $257, and increase from $240 in 2024. 

High income beneficiaries may have to pay an income-related adjusted amount for the Part B premium. 

How can you lower your Part B costs in 2025?

You may be able to save money in 2025 by enrolling in a Medicare Advantage plan with a Part B Giveback benefit, If you’re enrolled in Part A and Part B, pay your own Part B premium, and live in a service area of an MA plan with a Part B giveback, you may get a portion of your premiums back. 

How does the Part B giveback work? Some MA plans will offer to reduce your premium as a rebate. You would receive a portion of your premium back in your Social Security amount. The amount covered may vary based on the plan, but could save you hundreds of dollars each year. As of 2024, about 19% of Medicare Advantage plans offer a Part B giveback. 

Comparing Medicare Advantage plans with a Part B reduction benefit

If you are interested in switching to a plan with a Part B giveback, consider the big picture. Even though you’ll pay less for the part B premium, make sure the other benefits you rely on are included at a price you can afford. Compare plans side-by-side. If there are providers you prefer to visit, make sure they’re included in a plan’s network. If you need to take certain medications regularly, check a plan’s prescription drug formulary and pricing before making a final decision.