Cost Of Living Increase 2024 Bcbs. Medicare premiums will rise by 6% in 2024, taking a bite out of social security's 3.2% cost of living adjustment. Average premiums in fedvip, where enrollees pay the full premium cost, will increase by 1.4 percent for dental plans and decrease by 1.1 percent for vision plans.
The cost of health insurance is driven by the cost of health care. Daily hospital coinsurance for lifetime reserve days: