Medicare Part D is available to Medicare beneficiaries enrolled in Part A or Part B. It works similarly to standard insurance ...

If your doctor doesn’t accept Medicare assignment, they can charge you up to 15% more than the Medicare-approved amount. This is called the Part B excess charge. Eight states have banned Medicare Part ...

Medicare Part B covers visits with your doctor and other outpatient services. Part C (Medicare Advantage) bundles the main components of Medicare into one comprehensive plan. If you’re shopping around ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

Medicare Part B pays for outpatient medical care, such as doctor visits, some home health services, some laboratory tests, some medications, and some medical equipment. (Hospital and skilled nursing ...

Ashlee is an insurance editor, journalist and business professional with an MBA and more than 17 years of hands-on experience in both business and personal finance. She is passionate about empowering ...

Medicare Part D premiums range from $0 to $238.60 in 2026. But that’s not the only cost you’ll pay. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in ...

Medicare Part D, or Medicare drug coverage, is a part of Medicare that can help you pay for a variety of medications. A Part D plan costs $62 per month, on average. You can buy a stand-alone Part D ...