How Much Does Medicare Part B Cost?

In 2021, the standard Part B premium is $148.50. If you receive benefits from Social Security, Railroad Retirement Board, or Office of Personnel Management, your Part B premium will be deducted from your benefits. If you do not receive these benefits, your premium costs will be sent to you in a bill. While most people will pay the monthly premium for Part B, there may be other financial options available based on your income. See chart below. For more information about Part B, click here to read our in-depth blog.

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