Medicare Part D is available to Medicare beneficiaries enrolled in Part A or Part B. It works similarly to standard insurance plans. You pay monthly premiums, annual deductibles, and other ...

Medicare Part D covers prescription drugs for Medicare and can be purchased from a private insurance company. The average monthly premium for Part D is $46.50 in 2025, and the out-of-pocket maximum is ...

If your doctor doesn’t accept Medicare assignment, they can charge you up to 15% more than the Medicare-approved amount. This is called the Part B excess charge. Eight states have banned Medicare Part ...

Part B monthly premiums have risen by an average of 7.7% per year since 1966. There are roughly 56 million eligible Americans that count on Medicare (or Medicare Advantage plans) to help maintain ...

Editor's Note: Journalist Philip Moeller, who writes widely on aging and retirement, is here to provide the answers you need. Phil is the author of the new book, "Get What's Yours for Medicare," and ...

Health care premiums will rise next year for the nearly 66 million Americans enrolled in the government’s Medicare program, according to the Centers for Medicare & Medicaid Services. The standard ...

Medicare Part B pays for outpatient medical care, such as doctor visits, some home health services, some laboratory tests, some medications, and some medical equipment. (Hospital and skilled nursing ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in ...

Medicare Part D, or Medicare drug coverage, is a part of Medicare that can help you pay for a variety of medications. A Part D plan costs $62 per month, on average. You can buy a stand-alone Part D ...