Q:

What are the Medicare rate increases for 2015?

A:

Quick Answer

The Medicare rate increases for 2015 include $104.90 per month for Part B premium and $147 annually for Part B deductible, explains Medicare.gov. Most people do not pay a monthly premium for Part A, but those who do are required to pay a maximum of $407 per month.

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Full Answer

When it comes to the Part A hospital inpatient deductible, consumers are required to pay $1,260 for every benefit period. However, for days one through 60, there is no amount required to be paid for each benefit period. Part C and D monthly premiums vary by plan. Higher-income consumers are likely to pay more than those who earn less, according to Medicare.gov

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