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Medicare costs could rise by more than 200 percent for these retirees

May 19, 2018

From the CNBC website

This year, high-income retirees can expect to shell out even more money to cover their Medicare premiums.

That’s because as of 2018, there is a shift in the income brackets that are used to determine how much older Americans will pay for their Medicare Part B and Part D coverage, according to a recent analysis by HealthView Services, a provider of health-care cost projection software.

Medicare Part B covers preventive services and doctor visits, and Part D covers prescription drugs.

These surcharges could take a bigger bite out of present and future retirees’ income than they may have expected.

From → Benefits

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