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Medicare Part B Premium Set To Rise In 2024

The Centers for Medicare & Medicaid Services (CMS) has announced that the Medicare Part B monthly premium and annual deductible will increase in 2024. Starting in 2024, the standard monthly premium for Medicare Part B enrollees will be $174.70, which is $9.80 more than the 2023 premium of $164.90. Additionally, the annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the previous year's deductible of $226 in 2023.Medicare Part B covers various medical and health services not covered by Medicare Part A. These inc

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