Healthcare expenses are one of the top expenses that all seniors face. While Medicare is in place to make it more affordable, premiums continue to climb. The Medicare Part B premium comes directly out of Social Security benefits, reducing already-tight retirement budgets. This year’s Part B premium is $202.90 per month. This adds up to more than $2,400 a year for most beneficiaries.
However, there are several programs that can help seniors pay some (or all) of these costs. Most people overlook these programs, assuming they earn too much or won’t qualify for one reason or another. But you’d be surprised. Here are seven little-known Medicare Savings Programs that could help keep more money in your pocket.
