What You’ll Pay for Medicare in 2015

The premiums and deductible for Part B are the same as in 2014, but you may have to pay more for Part D.

Nurse Visiting Senior Male Patient At Home
(Image credit: Getty Images/Monkey Business)

I am looking over my budget for next year. How much will Medicare premiums cost in 2015?

Medicare Part B premiums will be $104.90 per month in 2015, which is the same as the 2014 premiums. The Part B deductible will also remain the same for 2015, at $147. The Medicare Part A deductible, which covers the first 60 days of Medicare-covered inpatient hospital care, will rise to $1,260 in 2015, a $44 increase from 2014. The daily coinsurance rate for days 21 through 100 in a skilled nursing facility will also increase slightly, to $157.50 in 2015.

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Kimberly Lankford
Contributing Editor, Kiplinger's Personal Finance

As the "Ask Kim" columnist for Kiplinger's Personal Finance, Lankford receives hundreds of personal finance questions from readers every month. She is the author of Rescue Your Financial Life (McGraw-Hill, 2003), The Insurance Maze: How You Can Save Money on Insurance -- and Still Get the Coverage You Need (Kaplan, 2006), Kiplinger's Ask Kim for Money Smart Solutions (Kaplan, 2007) and The Kiplinger/BBB Personal Finance Guide for Military Families. She is frequently featured as a financial expert on television and radio, including NBC's Today Show, CNN, CNBC and National Public Radio.