Medicare Part B Costs Are Shrinking. Here's What You'll Pay In 2023

Medicare Part B Costs Are Shrinking. Here's What You'll Pay In 2023

Millions of older Americans rely on Medicare for health coverage. While Medicare Part A, which covers hospital care, is free for most enrollees, Part B, which covers outpatient services, comes at a cost. Specifically, enrollees pay a monthly premium for Part B -- either a standard premium or a standard premium plus a surcharge, depending on income.