The Center for Medicare and Medicaid has released the premiums and deductibles for parts A, B and D cost for 2025.

Seniors will see a premium hike in their Medicare Part B plans next year, according to the Centers for Medicare & Medicaid Services.

Medicare premiums will rise in the New Year, the Centers for Medicare & Medicaid Services (CMS) has announced. Medicare is a federal health insurance program overseen by the Social Security Administration (SSA).