what is the monthly charge for medicare
Medicare beneficiaries who have Part B premiums withheld from their Social Security checksâabout 70% of beneficiariesâwill continue to pay $104.90 per month for Part B. If you arenât collecting Social Security yet or will enroll in Medicare in 2016, you will have to pay $121.80 per month in 2016.
Under the rules, the remaining 30% of Medicare beneficiaries must cover the rest of the cost of Part B, which would have boosted their premiums to $159.30 per month in 2016. But under pressure from retiree advocacy groups, the budget deal signed by President Obama on November 2 reduced the increase for 2016.