Talk of The Villages Florida - View Single Post - Social Security 2023 COLA to be announced Oct 13th
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Old 10-13-2022, 08:19 AM
jdulej jdulej is offline
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Originally Posted by jdulej View Post
I think I read somewhere that the medicare premium is actually going down a little because it was raised too much last year. (I could be wrong on that one - too lazy this morning to check)
Okay, I checked and indeed, the premiums are going down. From CMS.gov

Each year the Medicare Part B premium, deductible, and coinsurance rates are determined according to the Social Security Act. The standard monthly premium for Medicare Part B enrollees will be $164.90 for 2023, a decrease of $5.20 from $170.10 in 2022. The annual deductible for all Medicare Part B beneficiaries is $226 in 2023, a decrease of $7 from the annual deductible of $233 in 2022.