Medicare Part B monthly premium
How much does Part B cost?
Most people pay the Part B premium of $104.90 each month in 2013.
You pay $147 per year for your Part B deductible in 2013.
Some people automatically get Part B. Learn how and when you can sign up for Part B.
If your modified adjusted gross income as reported on your IRS tax return from 2 years ago (the most recent tax return information provided to Social Security by the IRS) is above a certain amount, you may pay more.
Social Security will contact some people who have to pay more depending on their income. The amount you pay can change each year depending on your income. If you have to pay a higher amount for your Part B premium and you disagree (for example, if your income goes down), use this form to contact Social Security.
Part B premiums by income
| If your yearly income in 2011 (for what you pay in 2013) or 2012 (for what you pay in 2014) was | You pay (in 2013 and 2014) | ||
|---|---|---|---|
| File individual tax return | File joint tax return | File married & separate tax return | |
| $85,000 or less | $170,000 or less | $85,000 or less | $104.90 |
| above $85,000 up to $107,000 | above $170,000 up to $214,000 | Not applicable | $146.90 |
| above $107,000 up to $160,000 | above $214,000 up to $320,000 | Not applicable | $209.80 |
| above $160,000 up to $214,000 | above $320,000 up to $428,000 | above $85,000 and up to $129,000 | $272.70 |
| above $214,000 | above $428,000 | above $129,000 | $335.70 |
Get more information about your Part B premium from Social Security.
- Late enrollment penalty: If you don’t sign up for Part B when you’re first eligible or if you drop Part B and then get it later, you may have to pay a late enrollment penalty for as long as you have Medicare. Your monthly premium for Part B may go up 10% for each full 12-month period that you could have had Part B, but didn’t sign up for it.
Part B costs if you have Original Medicare
In 2013, there may be limits on physical therapy, occupational therapy, and speech language pathology services. If so, there may be exceptions to these limits.
Find out what you pay for Part B covered services.
Medicare 2013 & 2014 costs at a glance
| 2013 & 2014 Costs at a Glance | |
|---|---|
| Part B premium | Most people pay $104.90 each month. (This amount won’t change in 2014.) |
| Part B deductible | $147 per year (This amount won’t change in 2014.) |
| Part A premium | Most people don’t pay a monthly premium for Part A. If you buy Part A, you’ll pay up to $441 each month. ($426 in 2014) |
| Part A hospital inpatient deductible | You pay:
|