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Costs of Medicare

Now that you’re able to get Medicare, you may be wondering what you will need to pay for. Not all plans carry the same costs, but you can expect to pay the same types of expenses.

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What Types of Expenses Can I Expect?

Medicare costs are divided into categories, each with its own purpose and when you pay them. These expenses include:

Premiums – Premiums are paid monthly to keep your policy active.
Deductibles – Deductibles are annual payments, with the exception being the deductible for Medicare Part A, which is paid per benefit period. Your coverage kicks in as soon as you cover this cost.
Coinsurance – Coinsurance is the part of the bill you pay.
Copayments – Copayments are what you pay for each visit.

What Will Medicare Cost?

Top Income Earners Will Pay More for Medicare Part B and Part D in 2024.

IMPORTANT: 2024 Medicare Information

2024 Medicare Costs

Want To Learn More? We Can Help

At Toni Buffington Medicare Solutions, we fight to get you the coverage you deserve. Not all plans are the same, and we can get you a plan that keeps those expenses to a minimum while giving you maximum coverage.

Here are some more resources to keep you up to date on medicare news!

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IMPORTANT NOTICE FOR MEDICARE SALES CALLS
Due to large amount of deceptive television commercials regarding Medicare health plans, new regulations and disclosures are now required to prevent misleading information and provide Medicare beneficiaries with greater clarity and understanding of products being offered.
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.

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We are not connected with or endorsed by the United States government or the federal Medicare program. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.