The cost of Medicare can fluctuate every year. To get your 2025 budget ready, you will want to know how much your Medicare expenses will change. Some prices have gone up, others have gone down, and there might be potentially massive savings on the cost of insulin. Read on to find out how Medicare is changing in the new year.
We take an in-depth look at the changes to Part A in 2023 here
The Part A Deductible is now $1,676
The copayment for hospital days 61-90 is now $419 per day
For days 21-100 in a Skilled Nursing Facility (SNF), you will be responsible for $209.50 each day
The Part B Deductible is now $257. With Medicare Supplement Plan G
For many people, Medicare Part B typically costs $185 per month. You might be required to pay even more based on your MAGI
If your MAGI is above a certain amount (as per your IRS tax return from 2 years ago), you’ll have to pay the standard premium and an income-related monthly adjustment amount ( IRMAA
The table below shows the cost of Medicare Part B and Part D, depending on your income:
Many of the most significant changes to Part D Prescription Drug plans resulted from government legislation in 2022.
Insulin is one of the most expensive life-saving medications available. But starting on January 1, the cost of a month's supply of insulin will be capped at $35.
Also, starting in 2025, there will be better access to vaccines that the Advisory Council on Immunization Practices recommends. That means no more out-of-pocket costs for the shingles vaccine
Medicare premiums and deductibles might change every year. If you are wondering how these changes might affect your budget, our team of experts is ready to help. Fair Square Medicare is here for you.
Does Medicare Cover Geri Chairs?
Dec 7, 2022
Is the Shingles Vaccine Covered by Medicare?
Nov 17, 2022
Does Medicare Cover Oxybutynin?
Dec 2, 2022
20 Questions to Ask Your Medicare Agent
Mar 17, 2023
What is the Medicare ICEP?
Apr 7, 2023
Can I Laminate My Medicare Card?
Dec 22, 2022
When to Choose Medicare Advantage over Medicare Supplement
Jun 7, 2023
Medigap vs. Medicare Advantage
May 25, 2020
Which Medigap Policies Provide Coverage for Long-Term Care?
Sep 16, 2022
Does Medicare Cover Hypnotherapy?
Nov 22, 2022
Does Medicare Cover Abortion Services?
Dec 13, 2022
Saving Money with Alternative Pharmacies & Discount Programs
Feb 1, 2024
Does Medicare Cover Macular Degeneration?
Nov 30, 2022
What Are Medicare Part B Excess Charges?
Jan 6, 2023
Explaining the Different Enrollment Periods for Medicare
Feb 3, 2023
Plan G vs. Plan N
Jan 28, 2022
Does Medicare Cover Cataract Surgery?
Dec 22, 2022
Does Medicare Cover Urodynamic Testing?
Dec 2, 2022
10 Top Medicare Supplement (Medigap) Companies for 2025
13 Best Ways for Seniors to Stay Active in Indianapolis
13 Best Ways for Seniors to Stay Active in Philadelphia
14 Best Ways for Seniors to Stay Active in Washington, D.C.
14 Best Ways to Stay Active in Charlotte
2024 Cost of Living Adjustment
Can Doctors Choose Not to Accept Medicare?
Can I Change My Primary Care Provider with an Advantage Plan?
Can I Choose Marketplace Coverage Instead of Medicare?
Can Medicare Help with the Cost of Tyrvaya?
Costco Pharmacy Partners with Fair Square
Do I Need Medicare If My Spouse Has Insurance?
Does Medicare Cover Air Purifiers?
Does Medicare Cover Cala Trio?
Does Medicare Cover Cardiac Ablation?
Does Medicare Cover Chiropractic Visits?
Does Medicare Cover Compounded Medications?
Does Medicare Cover Cosmetic Surgery?
Does Medicare Cover Diabetic Eye Exams?
Does Medicare Cover ESRD Treatments?
Does Medicare Cover Hepatitis C Treatment?
Does Medicare Cover Hoarding Cleanup?
Does Medicare Cover Incontinence Supplies?
Does Medicare Cover Iovera Treatment?
Does Medicare Cover Jakafi?
Does Medicare Cover Krystexxa?
Does Medicare Cover Linx Surgery?
Does Medicare Cover Medical Marijuana?
Does Medicare Cover Ofev?
Does Medicare Cover Ozempic?
Does Medicare Cover Penile Implant Surgery?
Does Medicare Cover PTNS?
Does Medicare Cover Robotic Surgery?
Does Medicare Cover Scleral Lenses?
Does Medicare Cover SI Joint Fusion?
Does Medicare Cover the Urolift Procedure?
Does Medicare Cover the WATCHMAN Procedure?
Does Medicare Cover Vitamins?
Does Medicare Cover Wart Removal?
Does Medicare Cover Xiafaxan?
Does Medicare Pay for Antivenom?
Does Medicare Pay for Bunion Surgery?
Does Medicare Require a Referral for Audiology Exams?
Does Retiring at Age 62 Make Me Eligible for Medicare?
Fair Square Bulletin: We're Revolutionizing Medicare
Gap Health Insurance: The Secret Sidekick to Your High-Deductible Plan
How Do I Sign up for Medicare? A Simple How-To Guide For You
How Much Does Open Heart Surgery Cost with Medicare?
How Much Does Rexulti Cost with Medicare?
How Much Does Xeljanz Cost with Medicare?
How to Become a Medicare Agent
How to Compare Medigap Plans in 2025
How to Deduct Medicare Expenses from Your Taxes
Is Balloon Sinuplasty Covered by Medicare?
Is Botox Covered by Medicare?
Is Emsella Covered by Medicare?
Is Gainswave Covered by Medicare?
Is HIFU Covered by Medicare?
Is PAE Covered by Medicare?
Is Vitrectomy Surgery Covered by Medicare?
Last Day to Change Your Medicare Part D Plan
Medicare Explained
Medicare Supplement Plans for Low-Income Seniors
Medigap Plan N vs. Plan G — Which One Fits You in 2025?
Top 10 Physical Therapy Clinics in San Diego
Turning 65 and Thinking of Keeping COBRA? Here’s Why It Usually Backfires
Welcome to Fair Square's First Newsletter
What is a Medicare Beneficiary Ombudsman?
What Is a Medicare Supplement SELECT Plan?
What is the 8-Minute Rule on Medicare?
What Is the Medicare Birthday Rule in Nevada?
What's the Deal with Flex Cards?
Get the Fair Square Bulletin
Medicare savings tips, helpful guides, and more.
Virgil Insurance Agency, LLC (DBA Fair Square Medicare) and www.fairsquaremedicare.com are privately owned and operated by Help Button Inc. Medicare supplement insurance plans are not connected with or endorsed by the U.S. government or the federal Medicare program. This is a solicitation of insurance. A licensed agent/producer may contact you. Medicare Supplement insurance is available to those age 65 and older enrolled in Medicare Parts A and B and, in some states, to those under age 65 eligible for Medicare due to disability or End-Stage Renal disease. Virgil Insurance Agency is a licensed and certified representative of Medicare Advantage HMO, HMO SNP, PPO, PPO SNP and PFFS organizations and stand-alone PDP prescription drug plans. Each of the organizations we represent has a Medicare contract. Enrollment in any plan depends on contract renewal. The plans we represent do not discriminate on the basis of race, color, national origin, age, disability, or sex. Plan availability varies by region and state. For a complete list of available plans please contact 1-800-MEDICARE (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult www.medicare.gov. © 2025 Help Button Inc
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.
MULTIPLAN_FairSquareMedicare_01062022_M
Fair Square Medicare