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2021 Medicare Costs Released today

11/9/2020

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Medicare's costs are going up but Medicare Advantage insurance options have improved and costs have decreased.

Medicare announced 2021 costs today and we have the highlights and details.

          Medicare Part B base premium will be $148.50
          Medicare Part B deductible will be $203
          A 34 percent decrease in average monthly premiums for Medicare                 Advantage plans since 2017. 
         More than 4,800 Medicare Advantage plans are offered for 2021, compared to about 2,700 in 2017.
        Medicare.gov has an insulin savings filter(which can save a minimum of $446 per year for diabetics.

Read the press release from Medicare here. 
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“We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.”