About 7 minute read
Overview
A realistic Medicare budget includes the Part B premium, a Part D premium, a Medigap premium if you choose one, and your expected out-of-pocket costs for services and drugs.
How it works
Higher-income beneficiaries also pay an income-related adjustment on Part B and Part D premiums, based on tax returns from two years earlier.
What to watch for
Writing these numbers down before your Part B start date turns a vague worry into a plan.
What to do next
A free educational review can help you assemble the numbers even if you never buy anything.
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Book your free 15-min callThe information on this site is educational only and is not medical, legal, or tax advice. Medicare Supplement (Medigap) benefits are standardized where applicable, but premiums, availability, and underwriting rules vary by carrier and by state. Gilbert Services Southwest is not affiliated with or endorsed by the federal government or the Centers for Medicare & Medicaid Services. Please consult a licensed insurance professional about your individual circumstances.
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