Part B Premium Will Rise Slightly for Most Medicare Beneficiaries in 2017

The Centers for Medicare and Medicaid has announced the Medicare premiums, deductibles, and coinsurances for 2017. After holding steady at $104.90 a month for four years, the standard Medicare Part B premium that most recipients pay will rise 4 percent to about $109 a month.  However, approximately 30 percent of beneficiaries will see their Part B premium rise from $121.80 to $134 a month, a 10 percent increase.  Meanwhile, all beneficiaries will face a higher Part B deductible, which will go from the current $166 to $183 in 2017. The reason for the two different Part B premiums is that Continue Reading