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 ...

While many older Americans have struggled with the rising cost of living in 2025, an increase in Part B Medicare premiums in 2026 likely won’t make things any easier. In fact, this increase packs a ...

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 ...

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 ...

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 ...

Medicare Part D prescription drug plans, sometimes called PDPs, are insurance plans that cover prescribed take-home medications. Out-of-pocket costs usually apply. Private insurance companies ...

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 ...