3 Medicare Changes In 2024 To Be Aware Of

These three Medicare changes in 2024 expand coverage, but carry a cost.

A Medicare card on top of a $100 bill.
(Image credit: Getty Images)

January 1 brings many things: new tax deadlines, a Social Security COLA, dogs of the Dow strategies, and, sure, your own resolutions and hopes for the new year. If you're a Medicare recipient, there are even more changes that automatically kick in with the start of the new year. 

These changes range from increased coverage to lower prices — and higher premiums. With the new year starting up, you don't want to be caught off guard by these changes, and you definitely don't want to miss out on what your Medicare plan has to offer. Keep in mind, too, that we're in an election year, so there's sure to be a lot of chatter about what candidates say they'd do with Medicare and Social Security. 

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Alexandra Svokos
Senior Digital Editor

Alexandra Svokos is the senior digital editor of Kiplinger. She holds an MBA from NYU Stern in finance and management and a BA in economics and creative writing from Columbia University. Alexandra has a decade of experience in journalism and previously served as the senior editor of digital for ABC News, where she directed daily news coverage across topics through major events of the early 2020s for the network's website, including stock market trends, the remote and return-to-work revolutions, and the national economy. Before that, she pioneered politics and election coverage for Elite Daily and went on to serve as the senior news editor for that group. 

Alexandra was recognized with an "Up & Comer" award at the 2018 Folio: Top Women in Media awards, and she was asked twice by the Nieman Journalism Lab to contribute to their annual journalism predictions feature. She has also been asked to speak on panels and give presentations on the future of media and on business and media, including by the Center for Communication and Twipe.