Current and Historical Medicare Part B Premiums

Medicare Part B Premiums Are On the Rise

Medicare Part B premiums adjust each year based on inflation. They are also means tested - meaning the more income you have, the higher your premium. Will you pay more? Current and past Medicare Part B premiums are listed below.

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2017 Medicare Part B Premiums for New Enrollees

Woman refilling drug prescription over the phone
From time to time, the health insurance premium will change. Blend Images - Terry Vine / Getty Images

In 2017, Medicare Part B premiums increased. However, if in 2016 you were already enrolled in Social Security benefits, your Medicare premium will only increase to $109.00, compared to $104.90 in 2016 because of a “hold harmless” provision that limits the amount premiums can rise due to a COLA adjustment in Social Security. In 2017, there is a .3% COLA adjustment for those collecting benefits. Some news folks are calling this a "diet COLA".

The new premium amounts for those who hadn't started Social Security yet start at $134 per month and increase for singles with modified adjusted gross incomes (MAGI) over $85,000 and married tax filers with MAGI over $170,000. Find the full schedule at the link above. More

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2016/2015/2014/2013 Medicare Part B Premiums

Medicare Part B Premiums
2015 Medicare Part B premiums same as the previous year. Dr A Schwartz / E+ / Getty Images

In 2013, Medicare Part B premiums went up but then stayed the same until the 2016 and 2017 increases, so 2015 and 2014 premiums were the same as they were in 2013. They started at $104.90 per month and increased for singles with modified adjusted gross incomes (MAGI) over $85,000 and married tax filers with MAGI over $170,000. Find the full schedule at the link above.  More

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2012 Medicare Part B Premiums

Amazingly enough, in 2012, Medicare Part B premiums went down from their 2011 levels. They started at $99.90 per month, $15.50 less than the monthly premium for those who enrolled in 2011. Higher income tax payers paid more. Find the full schedule at the link above. More

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2011 Medicare Part B Premiums

In 2011, starting Medicare Part B premiums were $115.40 per month. Single tax filers with modified adjusted gross incomes (MAGI) over $85,000 and married tax filers with MAGI over $170,000 paid more. Find the full schedule at the link above. More

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Historical Medicare Part B and D Premiums

The SSA (Social Security Administration) publishes historical Medicare Part B and D premiums starting with 1966. In the table at the link above you'll see Medicare Part B premiums started at $3 per month in 1966 and Medicare Part D premiums began in 2006 at $250 per year. More

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When and How to Apply for Medicare

Make sure you enroll in Medicare just before reaching age 65, even if you are covered by another health plan. If you are already collecting Social Security or Railroad Retirement benefits, Medicare Part B premiums will be deducted from your monthly benefits. If you are not collecting Social Security or Railroad Retirement, you can pay premiums through an automatic deduction from your bank, by credit card or by mail. More