What does medicare part b cost for 2017?

It’s that time of year folks! The sun is shining, the birds are chirping, and everyone’s favorite topic: MEDICARE PART B COST. So what exactly does this little piece of government-funded healthcare cost us in 2017? Grab a cup of coffee (or something stronger) and let’s dive into this.

Basic Overview of Medicare Part B

Before we get too far ahead, let’s take a look at some basics for those who may not be aware. Medicare Part B is an insurance program offered by the US government to help cover medical costs for seniors (those over age 65). This coverage includes everything from doctor visits to lab tests to durable medical equipment like wheelchairs or oxygen tanks.

Just Give Me The Numbers!

Alright alright…I hear ya loud and clear. No need for beating around the bush when it comes to cold hard numbers but before I throw out prices left and right here are some factors you’ll want to keep in mind:

  • Income
  • Enrollment date
  • Late enrollment penalties
  • Deductibles
  • Co-insurance

Don’t worry if any of these factors don’t make sense right now, we’ll go into further detail below!


For most people enrolled in Medicare Part B their monthly premium will be $134 per month which seems like a lot until you break it down even further; assuming two doctors visit each month that equals out to approximately $67 per visit . That’s honestly not bad considering how much some uninsured Americans pay just one trip alone.

Am I Gettin’ A Discount? 👀

Some lucky ducks may qualify for discounted premiums under certain circumstances such as receiving Social Security benefits but hah! We won’t get TOO technical on you today 😉

Oh but wait there’s more… 🤔

Yes. MORE. If your income is above a certain threshold ($85,000 for individuals or $170,000 for married couples filing jointly) then you will be subject to higher premiums (see chart below).

Income Range Standard Monthly Premium Modified Adjusted Gross Income
$85,001–$107,000 $187.50 more than $85,000 but not more than $107,00 (individuals) / or not more than $214,001(married couples)
$107,001–$160k $267.90 more than $107k but not more than \\n\e[200]$1335 and less
### Alright enough numbers! Why are there penalties though 🙄

You sound like my grandmother every time I bring up this topic..BUT I’ll indulge ya anyways 😉 .

If you do end up enrolling in Medicare Part B after your initial enrollment period without any other coverage such as an employer plan; You’ll have to pay late enrollment penalty fees which can range anywhere from a few bucks extra per month to whopping 10% surcharge each year depending on how long it’s been since you’ve hit that sweet sweet enrollment window!


All things considered:, the cost of Medicare Part B may vary from person-to-person based on their financial standing and timeframe enroll-. BUT at least we now know that the overall base fee for most should cap out around just over a hundred dollars a month unless unfortunate incidents call upon us.

So go ahead… wear those band-aids until they fall off if it means reaching that minimum deductible amount with less visits—you’re helping weigh down the costs 😉