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 ...

Forbes contributors publish independent expert analyses and insights. Diane Omdahl is a Medicare expert who keeps her readers in the know. The Centers for Medicare and Medicaid Services has started ...

Since the implementation of Medicare Part D in 2006, a growing number of beneficiaries have faced insurmountable out-of-pocket costs for their medications. This is particularly true for patients ...

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 ...

Medicare Part B covers outpatient care. The cost of Part B is increasing substantially in 2026. For seniors on Social Security, that increase will eat into their upcoming cost-of-living adjustment.

Medicare Part B costs change each year. The standard monthly premium for 2025 is $185, and the yearly deductible is $257. Costs may be higher for those with a higher income. Medicare Part B is the ...