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Prescription drugs are only one of the out-of-pocket costs Medicare customers face.
In a recentblog post, financial guru Suze Orman explained how much Medicare will cost in 2025.
Here are fiveMedicare costs you’re able to expect in 2025, according to Orman.
As Orman explained, the standard Part B premium is $185 per person per month.
Thats an increase from $174.70 in 2024.
However, that amount can go much higher if you earn a certain amount of income.
If you are enrolled in original Medicare, Orman strongly recommended paying for a supplemental Medigap insurance plan.
For Original Medicare enrollees, the government only pays 80% of part B costs.
A Medigap policy will help cover the 20% of costs you are responsible for, she said.
Thats up from $240 in 2024.
Medicare Part A
As Orman noted, Medicare Part A covers in-hospital costs.
However, if you are hospitalized, you will pay a Part A deductible.
This deductible is $1,676 for 2025 up from $1,632 in 2024.
It covers out-of-pocket costs for the first 60 days of covered care, Orman explained.
Nursing Home Care
As part of Medicare, some coverage for nursing home care is provided.
However, this covers only skilled care, according to Orman.
Thats up from $204 in 2024.
Medicare doesnt provide coverage after 100 days.
For 2025, expect to pay an average of $40 per month for this premium, Orman explained.
Most Medicare Advantage plans, however, provide coverage for presciptions.
There is a $2,000 cap for 2025, Orman said.
That means you dont have to worry about paying more than that out of pocket for prescription drugs.
Previously, this limit was $8,000, perMedical News Today.
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