Original Medicare can be costly
Yes, Medicare premiums are usually considerably lower than those for non-Medicare healthcare plans, especially with Part A being free to most people. But the costs of original Medicare over and above the premiums can mean a lot of extra out-of-pocket expense to be covered by the beneficiary. Expenses such as Medicare deductibles, co-pays and co-insurance and, simply, services not covered (such as vision and dental expenses) all add up to the cost of “original Medicare” being a lot more than it would appear on the service. In this Forbes article by Justin Adsit, the author explains what original Medicare does and doesn’t cover, and how Medicare Advantage and “Medicgap” policies fit into the overall Medicare picture. Click here to read more.