2022 Medicare Part B Premium Increase

This year's (2022) Part B standard premium has jumped to $170.10 from $148.50 (2021).

There's a chance that Medicare Part B premiums for 2022 could be reduced. Health and Human Services Secretary Xavier Becerra announced instructing the Centers for Medicare & Medicaid Services to reassess this year's standard premium.

Beneficiaries with limited income may qualify for dual Medicare and Medicaid and other programs that help pay out-of-pocket costs. Some might even be eligible for state Medicaid to pay the part B premium.

If you have questions regarding Medicare, don't hesitate to contact me at

(720) 744-0065.

-Ricky Rakib