Americans Seniors: Open enrollment has officially begun and there’s a new Medicare Policy that may cover 100% of co-pays and deductibles. Check if you qualify for a policy in just 60 seconds.
Every senior aged 64 and older must be aware of this fact.
Original Medicare was created to be a minimum level of insurance. Patients may face huge out-of-pocket medical expenses for treatment which is not covered like:
The yearly Out-of-Pocket Costs for people in Good Health in 2020 was estimated at $7,850 by the official government site for Medicare, and costs are anticipated to rise in 2021.
The yearly Out-of-Pocket Costs for people in Good Health in 2020, according to the official government site for Medicare, was $7,850. Prescription drug costs have also grown every year, and this new benefit program has been demonstrated to save Americans $782 per year just on medicines.
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*Depending on your state and other factors, you may be eligible for up to $148.50 of your Medicare Part B Premium to be covered. The savings can be added back to your Social Security benefits and therefore increase the monthly amount you normally get by up to $148.50.
You may have to switch your Medicare plan and enroll in a new plan to take advantage of this benefit.
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