You can reduce your Medicare premiums by Enrolling on time, reporting changes in income, and shopping around for plans. Events such as Medicaid, Medicare savings plans, and Extra Help can help cover your healthcare costs. Individual states may also have programs to help with these costs.
Depending on which Medicare part or plan you pick, you may have a monthly premium. The costs of these premiums can add up. In fact, a study showed that a quarter of all people with Medicare spend 20 percent or more of their income on premiums and other medical services.
However, there are several tips to help save on your Medicare premiums. This article will be discussing 10 ways to reduce your costs. Stay with me!