2023 Medicare Part B premium — $164.90
Standard monthly Part B premium, 2023
$164.90
-$5 on 2022. The annual deductible was $226, -$7 on the year before.
- Standard premium
- $164.90per month
- Annual deductible
- $226
- Change on 2022
- -$5-3.06%
- Highest tier
- $560.506 income brackets
What it did to a Social Security payment
The Part B premium is withheld from the Social Security payment, so it lands in the same January as the cost-of-living adjustment and the two move against each other. A $2,000 monthly benefit in 2022 became $2,174 gross with the 8.7% adjustment — a rise of +$174. After the premium went from $170.10 to $164.90, the payment rose +$180, an effective 9.84%.
| 2022 | 2023 | |
|---|---|---|
| Gross monthly benefit | $2,000 | $2,174 |
| Part B premium | $170.10 | $164.90 |
| Net payment | $1,829 | $2,009 |
The full ledger for a $2,000 benefit at current rates carries the annual figures and the percentile context.
The 2023 income-related tiers
Anyone whose modified adjusted gross income on the 2021 tax return crossed the first threshold paid more than the standard premium. The adjustment is a flat dollar amount per tier, not a percentage of income, and it steps at the bracket boundary rather than phasing in.
| Single | Married filing jointly | Adjustment | Total Part B |
|---|---|---|---|
| Up to $97,000 | Up to $194,000 | none | $164.90 |
| $97,001 to $123,000 | $194,001 to $246,000 | $65.90 | $230.80 |
| $123,001 to $153,000 | $246,001 to $306,000 | $164.80 | $329.70 |
| $153,001 to $183,000 | $306,001 to $366,000 | $263.70 | $428.60 |
| $183,001 to $499,999 | $366,001 to $749,999 | $362.60 | $527.50 |
| $500,000 and above | $750,000 and above | $395.60 | $560.50 |
The 2023 brackets in detail, including the reconstruction check — every tier is verified against the statutory multipliers as well as against the notice.
Related
- Every year22 premium years
- IRMAA bracketsall committed years
- Hold harmlessthe premium cap
- The 2023 COLA8.7%
- Offset calculatoryour amount
- The net raisethe study
Sources and freshness
- Federal Register — Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rates, and Annual Deductible Beginning January 1, 2023 — verified 10 August 2026
- SSA POMS HI 01101.020 — Income-related monthly adjustment amount — verified 10 August 2026
Every year page draws on that year’s own Federal Register notice, retrieved from govinfo rather than from cms.gov.
Figures effective 1 January 2023. Page figures last verified against the sources above on 10 August 2026. Corrections: the correction log · support@inventum.com.au