2024 Medicare Part B premium — $174.70
Standard monthly Part B premium, 2024
$174.70
+$10 on 2023. The annual deductible was $240, +$14 on the year before.
- Standard premium
- $174.70per month
- Annual deductible
- $240
- Change on 2023
- +$105.94%
What it did to a Social Security payment
The Part B premium is withheld from the Social Security payment, so it lands in the same January as the cost-of-living adjustment and the two move against each other. A $2,000 monthly benefit in 2023 became $2,064 gross with the 3.2% adjustment — a rise of +$64. After the premium went from $164.90 to $174.70, the payment rose +$54, an effective 2.94%.
| 2023 | 2024 | |
|---|---|---|
| Gross monthly benefit | $2,000 | $2,064 |
| Part B premium | $164.90 | $174.70 |
| Net payment | $1,835 | $1,889 |
The full ledger for a $2,000 benefit at current rates carries the annual figures and the percentile context.
No income-related table is committed for this year
The Federal Register notice for 2024 states the tier percentages in prose but publishes no bracket table, and this site does not hand-key a table it could not read from a primary source. The standard premium and deductible above are primary-sourced and complete. The coverage gaps are listed in full.
Related
- Every year22 premium years
- IRMAA bracketsall committed years
- Hold harmlessthe premium cap
- The 2024 COLA3.2%
- Offset calculatoryour amount
- The net raisethe study
Sources and freshness
- Federal Register — Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rates, and Annual Deductible Beginning January 1, 2024 — verified 10 August 2026
- SSA POMS HI 01101.020 — Income-related monthly adjustment amount — verified 10 August 2026
Every year page draws on that year’s own Federal Register notice, retrieved from govinfo rather than from cms.gov.
Figures effective 1 January 2024. Page figures last verified against the sources above on 10 August 2026. Corrections: the correction log · support@inventum.com.au