Are Premiums Paid in Advance?

Medicare premiums can be assessed in advance depending on your work history and financial situation. While most people who have paid into the Medicare system for 10 years or 40 quarters will get Medicare Part A with a no-cost premium, Part B is generally not free. For more detailed information on that, you can read …

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Lower Medicare Premiums Announced

The Centers for Medicare and Medicaid (CMS) made an announcement recently that they are reducing 2023 Medicare Part B premiums, which is exciting news. The new standard premium for Medicare Part B will be $164.90 per month. Of course, if you are subject to IRMAA and you have extra help or Medicaid, you still might …

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