(NEXSTAR) — While seniors are on track to benefit from a cost-of-living adjustment to their Social Security payments in 2025, they will also be faced with increased costs for their healthcare as certain Medicare premiums are set to become more expensive.

The Centers for Medicare & Medicaid Services announced last week that the Medicare Part B premiums will rise (as will the annual deductible) next year. Premium, deductible, and coinsurance rates for Medicare Part B are determined annually.

Medicare is available for people who are 65 years old or older, with earlier access available to those who meet certain qualifications. There are four parts to Medicare: Part A covers hospital insurance,........

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