Medicare Premiums and Deductibles
For those who are already enrolled in a Medicare plan, make sure to review your "Annual Notice of Change Letter "(ANOC) from you current Carrier. You should receive the ANOC letter in the mail in September. The ANOC letter will provide information on any changes to your 2025 plan for the 2026 plan year.
If you are concerned about any changes, contact us to help you review your options. Faun (719) 631-9918 faun@fdmeyer.com
Dean: (719) 738-8832 dean@fdmeyer.com
There are changes to Part D coverage in 2025. The changes apply whether it's a stand alone Part D Prescription Drug plan, or Part D Prescription Drug coverage in a Medicare Advantage Plan.
The biggest change is the $2000.00 annual maximum out of pocket cost. These changes are due to the Federal government's "Inflation Reduction Act of 2022".
Medicare usually releases the new Part A and Part B Premiums and Deductible amounts in early November. We'll post those amounts as soon as available.
2025 Medicare Part B Premiums and Deductible
The standard* 2025 Medicare Part B premium is $185.00 per month.
The 2025 annual Part B deductible is $257.00
The 2025 annual Part A deductible is $1676.00
*Since 2007, beneficiary's Part B monthly premium has been based on his or her income, based modified adjusted gross income on tax returns. The increased premiums on both Part B and Part D generally begin with annual adjusted incomes over around $106,000 for singles and $212,000 for married couples. Please contact me for additional information.
Medicare Part A Premiums and Deductibles
Medicare Part A Premiums/Deductibles
Enrollees age 65 and over who have fewer than 40 quarters of coverage and certain persons with disabilities pay a monthly premium in order to voluntarily enroll in Medicare Part A.
Medicare Part A covers inpatient hospitals, skilled nursing facilities, hospice, inpatient rehabilitation, and some home health care services. About 99% of Medicare beneficiaries do not have a Part A premium since they have at least 40 quarters of Medicare-covered employment, as determined by the Social Security Administration.
The Medicare Part A inpatient hospital deductible that beneficiaries pay if admitted to the hospital will be $1,676 in 2025, an increase of $44 from $1,632 in 2024. The Part A inpatient hospital deductible covers beneficiaries’ share of costs for the first 60 days of Medicare-covered inpatient hospital care in a benefit period. In 2025, beneficiaries must pay a coinsurance amount of $419 per day for the 61st through 90th day of a hospitalization ($408 in 2024) in a benefit period and $838 per day for lifetime reserve days ($816 in 2024). For beneficiaries in skilled nursing facilities, the daily coinsurance for days 21 through 100 of extended care services in a benefit period will be $209.50 in 2025 ($204.00 in 2024).
FD Meyer Agency, LLC
By Appointment: 1155 Kelly Johnson Boulevard (The Presidio Building) - Suite 420 Colorado Springs, Colorado 80920
Faun: (719) 631-9918 Dean: (719) 738-8832
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