In 2022, the average monthly Medicare Part B premium increased 14.5 percent to 170 U.S. dollars, compared to 148 U.S. dollars in 2021. This is the largest increase in dollar terms ($21) and amongst the largest percentage increases to date. Medicare Part B (medical insurance) covers medical services like doctors' services, outpatient care, limited outpatient prescription drugs, and some other services Part A doesn't cover. Most beneficiaries do not pay a monthly premium for Medicare Part A (hospital insurance), however, those who sign up for Part D (drug coverage) will incur a monthly premium. This statistic depicts the annual percentage increase of average monthly Medicare Part B premiums in the U.S. from 2003 to 2022.
Annual percentage increases of average monthly Medicare Part B premiums in the U.S. from 2003 to 2022
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Kaiser Family Foundation. (January 12, 2022). Annual percentage increases of average monthly Medicare Part B premiums in the U.S. from 2003 to 2022 [Graph]. In Statista. Retrieved January 02, 2025, from https://www.statista.com/statistics/1284023/annual-percentage-change-of-medicare-part-b-premium-us/
Kaiser Family Foundation. "Annual percentage increases of average monthly Medicare Part B premiums in the U.S. from 2003 to 2022." Chart. January 12, 2022. Statista. Accessed January 02, 2025. https://www.statista.com/statistics/1284023/annual-percentage-change-of-medicare-part-b-premium-us/
Kaiser Family Foundation. (2022). Annual percentage increases of average monthly Medicare Part B premiums in the U.S. from 2003 to 2022. Statista. Statista Inc.. Accessed: January 02, 2025. https://www.statista.com/statistics/1284023/annual-percentage-change-of-medicare-part-b-premium-us/
Kaiser Family Foundation. "Annual Percentage Increases of Average Monthly Medicare Part B Premiums in The U.S. from 2003 to 2022." Statista, Statista Inc., 12 Jan 2022, https://www.statista.com/statistics/1284023/annual-percentage-change-of-medicare-part-b-premium-us/
Kaiser Family Foundation, Annual percentage increases of average monthly Medicare Part B premiums in the U.S. from 2003 to 2022 Statista, https://www.statista.com/statistics/1284023/annual-percentage-change-of-medicare-part-b-premium-us/ (last visited January 02, 2025)
Annual percentage increases of average monthly Medicare Part B premiums in the U.S. from 2003 to 2022 [Graph], Kaiser Family Foundation, January 12, 2022. [Online]. Available: https://www.statista.com/statistics/1284023/annual-percentage-change-of-medicare-part-b-premium-us/