Medicare premiums will rise yet again in 2025. What you need to know

The video discusses the marginal increase in Medicare Part B premiums, which will rise by $10.30 monthly. These increases have outpaced inflation for nearly two decades. Beneficiaries earning over $106,000 will see higher premiums, depending on their income. The video highlights the struggle for some Medicare recipients, with one in five skipping needed care due to costs. The Centers for Medicare and Medicaid Services attribute these increases to higher projected costs and usage. Historical data shows Part B premiums have risen by 5.5% annually since 2005, while Social Security adjustments averaged 2.6% and inflation 3.4%.

What is the monthly increase in Medicare Part B premiums for most beneficiaries?

• $20.00

• $15.00

• $10.30

• $5.00

How much will the annual deductible for Medicare Part B increase?

• $17.00

• $15.00

• $10.00

• $20.00

What percentage of Medicare beneficiaries have skipped needed care due to cost?

• 40%

• 10%

• 20%

• 30%

What is one reason given for the increase in Medicare Part B premiums?

• Lower demand for services

• Higher projected costs and assumed usage increases

• Decreased government funding

• Increased competition among providers

Since 2005, by what average percentage have Part B premiums increased each year?

• 2.6%

• 3.4%

• 6.0%

• 5.5%