Medicare Part D Premiums Are Expected to Drop in 2023 -- but Seniors Shouldn't Celebrate Just Yet
Of the various expenses retirees are forced to grapple with, healthcare can be a big one. In fact, seniors are routinely surprised at just how high their costs are under Medicare. And that extends to Medicare Part D, which covers prescriptions.
Recently, the Centers for Medicare & Medicaid Services said that seniors could see their premiums for prescription drug coverage drop in 2023. But that drop isn't much to write home about, and it could easily be offset by higher deductibles.
Image source: Getty Images.
Source Fool.com