5 Medicare Changes We Will Face in 2022

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Why is Medicare a good choice?

Medicare Advantage plans often have low-cost or even $0 premiums. Plans differ, so do their costs, so it’s important to know what fits you best. You will continue to pay the Part B premium to Medicare. Even more, Medicare Advantage plans come with a financial safety net due to a set annual out-of-pocket limit.

If your costs reach the limit, your plan will cover 100 percent of your Medicare health care costs for the rest of the year. Medicare sets a maximum out-of-pocket limit every year, and each plan can set the limit at this amount or lower. However, there is no out-of-pocket protection with Original Medicare (Parts A & B).

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