Master Medicare Signup Secrets Insiders Won't Tell You

Cost Considerations: What You Need to Know

While Part A is typically premium-free if you or your spouse paid Medicare taxes for at least 10 years, Part B comes with a standard premium, which is adjusted annually. The 2023 standard premium is $164.90 per month, though higher-income individuals may pay more³. Medicare Advantage plans often have lower premiums than Medigap policies but may involve higher out-of-pocket costs. It's crucial to calculate your expected healthcare needs and budget to determine which plan offers the best value.