Current Part B deductible

The Part B deductible for 2024 is $240 annually.

Medicare Part B deductible history:

2023 – $226
2022 – $233
2021 – $203
2020 – $198
2019 – $185
2018 – $183
2017 – $183
2016 – $166
2015 – $147
2014 – $147
2013 – $147
2012 – $140
2011 – $162
2010 – $155
2009 – $135
2008 – $135
2007 – $131
2006 – $124
2005 – $110

For 1991 through 2004 the Part B deductible was $100. As a result of the Medicare Modernization Act, the Part B deductible was increased to $110 in 2005. It is now indexed by the annual percentage increase in the Part B actuarial rate for aged beneficiaries. The actuarial rate is set by law at one-half of the total estimated per-enrollee cost of Part B benefits and administrative expenses. It is adjusted as necessary to maintain an adequate contingency reserve.

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