Medicare Income Limits 2024 Part B. According to the october 12, 2023 announcement, the standard monthly part b premium will be $174.70, an increase of $9.80. The centers for medicare & medicaid services (cms) released the 2024 premiums, deductibles, and coinsurance amounts for the medicare part a and part b.

For example, in 2023, individuals with an annual income of $97,000 or less paid a standard premium of $164.90 for medicare part b. We call the additional amount the “income.