Medicare Part B Costs Are Soaring. Here's What You'll Pay in 2022

Millions of Americans get health coverage through Medicare once they turn 65. But one common myth about Medicare is that coverage under it is free.

That's not true in the slightest. Though Part A, which covers hospital care, is generally free for enrollees, Part B, which covers different types of preventive and outpatient care, charges participants a monthly premium.

Those who are enrolled in Medicare but aren't yet collecting Social Security have to pay those premiums directly. Those who are receiving Social Security, meanwhile, have their Part B premiums deducted from their benefits.

Continue reading


Source Fool.com