• Brad Gunning

Updated 2021 Medicare Part B Costs

2021 Part B Premium

In 2020, most people paid $144.60 for their Medicare Part B premium. This "standard Part B premium" will increase in 2021 to $148.50. Those subject to an Income Related Monthly Adjustment Amount (an IRMAA charge) will pay more. In 2021, IRMAA charges apply to individuals making more than $88,000 and couples making more than $176,000.

2021 Part B Deductible

In 2020, the Medicare Part B premium was $198. It will increase by $5 in 2021 to $203.

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