Medicare Cost 2024 Increase. Medicare’s part b standard monthly premium will increase to $174.70 in 2024, a $9.80 increase from this year, the centers for medicare & medicaid services (cms). The standard monthly premium for medicare part b will be $174.70 for 2024, up from $164.90 this year.

In 2025, the government will increase the compensation for initial enrollments in medicare advantage and part d plans by $100—more than three times higher than cms initially. You’ll be paying more for medicare parts a and b, and if you.