2023 Medicare Part B Premiums

Medicare Part A & B Premiums, Deductibles, Part D IRMAA and More

Medicare Part B Premium and Deductibles

Medicare Part B has a monthly premium, as well as a yearly deductible and covers 2 types of services:

- Medically necessary services to diagnose or treat a medical condition.

- Preventive services and health care to prevent and detect illnesses at an early age. Including outpatient doctor visits, tests/screenings, clinical research, ambulance services, durable medical equipment (i.e. wheelchairs), etc.

2023 Part B


2023 Medicare Part B Premiums will DECREASE by $5.20 per month to $164.90, down from $170.10 in 2022.

2023 Part B


The Medicare Part B Deductible will DECREASE by $7.00 per year to $226.00, down from $233.00 in 2022.

Medicare Part B and Part D
Income-Related Monthly Adjustment Amounts (IRMAA)

In 2023, most people will pay $164.90 for their Part B Premium. However, if your income falls above a certain amount ($97,000+ for an individual or $194,000+ for a couple), you may have to pay a penalty in addition to your premium, known as Income Related Monthly Adjustment Amount (IRMAA).

Contact Us Today To Review Your Current Coverage

Message Sent!

Your message has been sent successfully! We will be with you 1-3 business days via email, phone, or text.
“The Medicare Whisperer™” is a division of Wise Choices Financial LLC™. Neither “The Medicare Whisperer™” nor Wise Choices Financial LLC™ are employed by, authorized by, or certified by Medicare. Medicare and “The Medicare Whisperer™”/Wise Choices Financial LLC™ are separate entities and are not affiliated..