Happy New Year! As I do every new year, I wanted to post the key, new Medicare numbers that will be in effect for 2025. These are the key changes to Medicare’s premiums and coverages.

• Part A deductible – Will be $1676 up from $1632 (per 60 day Benefit Stay)
• Part B Deductible – Will be $257 up from $240 (Annual deductible)
• Part B Premium – Will be $185.00 up from $174.70 (for most people)
• Part D Maximum Deductible – Will be $590 up from $545 (Some plans don’t have a deductible and most have a “hybrid” deductible.)
• Part D Premium National Average – Will be $36.78 up from $34.70 (Is used to determine Part D Penalty)

The big change for 2025 is the new $2000 cap on drug costs. This does not include the cost of the plan. 2025 will have fewer Part D drug plans in most markets and with higher premiums as a result of the new exposure the cap will bring to insurance companies. This is why it is more important to check drug costs in Medicare’s comparison tool.

Feel free to contact me if you have any questions or need assistance with selecting a Medicare Plan. I don’t charge any fees nor increase your cost.
Based in the Richmond, Va area, David Higgs of Choices In Medicare, LLC specializes in helping seniors transition to Medicare. He can be reached at email: dwhiggs@gmail.com or go to website: www.ChoicesInMedicare.com

We do not offer every plan available in your area. Currently we represent Anthem, Aetna, Humana, UnitedHealthcare, Wellcare and SilverScript organizations which offer 67 Plans in your area (Richmond Metro 2025). Please contact Medicare.gov or 1-800-MEDICARE , or your local State Health Insurance Program (SHIP) to get information on all of your options.