Is Part A Free?
Part A Medicare doesn’t require a monthly premium in most cases. You will pay for Part A coverage through the Medicare tax payments you made during your working years.
General Part B Premiums
The total premium you’ll spend on Part B coverage will vary based on your income. The standard monthly premium is a little under $150 as of 2021. But the monthly premium can get up to $500 depending on your income and where you go for help. Saratoga Medicare Group can help you compare choices to see what fits your needs the most.
What About Medigap and Advantage Plans?
Medigap and Advantage plans may be necessary in some cases. Medigap and Advantage plans pick up where regular Medicare leaves off. They can help reduce the co-insurance you pay for medical services, often times have a fixed payment or no cost at all. Additionally, they can help cover some of the costs surrounding dental care, hearing aids, vision care, and other services Medicare Part B doesn’t cover. The cost will vary, with monthly premiums ranging from zero to hundreds of dollars. Saratoga Medicare Group can compare these options for you.
Don’t Forget Prescriptions
You might require prescription coverage through Medicare Part D. Many Advantage plans include Part D coverage or you can enroll in a stand-alone-Part D plan. Prescription costs may vary from plan to plan. Let the Saratoga Medicare Group do the research for you to find the plan that has the lowest costs for your prescriptions.
