Medicare standard Part B premiums will drop by 3% next year, to $164.90

The monthly premium for Medicare's outpatient care coverage will be 3% lower than this year.

Next year, the standard monthly premium for Part B will be $164.90, down $5.20 from the previous year.

The deductible for Part B is going to be $226 in 2023, a decrease of $7 from the previous year.

Car buyers pay 10% above the sticker price, on average, and workers reduce savings due to economic worries.

The Medicare program's projected spending on Aduhelm caused this year's Part B premium to jump more than expected. The program was able to reduce next year's cost to beneficiaries due to larger financial reserves for Part B.

The deductible for Medicare Part A will be more than double what it was this year, at $1,600 per benefit period, in three years. The first 60 days of care are covered by that.

The coinsurance will be $400 per day, up from $389 this year. The charge for lifetime reserve days will be up from the previous year.

IRMAAs will kick in for single beneficiaries at modified adjusted gross income of more than $97,000 up from $91,000 this year. If income is over $194,000, the extra monthly charge will be applied, up from this year.