Home Health & Hospice Week

Industry Notes:

Medicare Part B Premium To Jump 6% Next Year

Medicare has announced price hikes for beneficiaries’ premiums and deductibles.

The standard monthly premium for Medicare Part B enrollees will be $174.70 for 2024, an increase of $9.80 from $164.90 in 2023, says the Centers for Medicare & Medicaid Services in a release. That’s a nearly 6 percent hike.

The Medicare Part A inpatient hospital deductible that beneficiaries pay if admitted to the hospital will be $1,632 in 2024, an increase of $32 from $1,600 in 2023, which is a 2 percent increase.

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