Medicare premiums increased in 2024 from 2023 levels. Increases were expected after last year’s unusual decrease in premium and deductible costs. To get the most from your plan, it’s important to understand your out-of-pocket costs, which will vary depending on your income and the type of plan you choose.
Medicare open enrollment runs from October 15 to December 7 annually. The new 2025 Medicare premium amounts will be announced when open enrollment commences on October 15 and runs until December 7.
