Find Out If Medicare Eligibility Check Unveils Hidden Benefits
Financial Considerations
When examining Medicare options, it's essential to consider the financial aspects. The standard premium for Part B in 2023 is $164.90 per month, but this can vary based on income2. Medicare Advantage plans may have different costs, including premiums, deductibles, and co-pays, but they often offer more comprehensive coverage than Original Medicare.
Prescription drug costs under Part D also vary, with each plan having its own formulary, or list of covered drugs. It's important to compare plans to ensure your medications are covered at the lowest possible cost3.