Medicare Part B premiums jumping 23 percent for many retirees About 42 percent of recipients will see their premium jump to $134 from $109. The standard Part B premium will remain unchanged at $134. About 70 percent of Medicare recipients…
Read articleUse this calculator to get an estimate of when you’re eligible for Medicare and your premium amount. This calculator provides information for many but not all situations. If your situation isn’t in this calculator, contact Social Security– opens in a new…
Read articleLate Enrollment The late enrollment penalty is an amount added to your Medicare Part D monthly premium. You may owe a late enrollment penalty if, for any continuous period of 63 days or more after your Initial Enrollment Period is…
Read articleLow-Income Subsidy — Medicare Extra Help Program What is the Medicare Low-Income Subsidy? Eligible beneficiaries who have limited income may qualify for a government program that helps pay for Medicare Part D prescription drug costs. Medicare beneficiaries receiving the low-income subsidy (LIS)…
Read articleMedicare helps pay, but you will still have costs. Medicare does not pay for all your medical expenses. You will help pay the cost of your care through different types of payments. Co-Insurance The cost that you and the health…
Read articleEnroll at the right time. Your Initial Enrollment Period ( IEP) is your first chance to enroll in Medicare. Your IEP is seven months long and includes the three months before you turn 65 , your birthday month and three…
Read article
