Medicare Income Brackets For 2024 In India. In 2024, the standard part b monthly premium is $174.70. The 2024 medicare part b premium costs by income level are as follows:
For example, you pay 10% on the first $40,000 of income, 25% on the next $20,000 of income (total of $60,000), and 35% on the next $15,000 of income (total of $75,000). Each year, the medicare part b premium, deductible, and coinsurance rates are determined according to provisions of the social security act.