Here's How Much Each Medicare Plan Will Cost in 2023

Retirees have been closely following the projected large increase in Social Security benefits next year. But another thing they will want to keep an eye on is the cost of Medicare premiums.

Medicare is a federal health insurance program for those 65 years of age and older. Medicare premiums are also typically deducted straight from monthly Social Security checks, so their cost can weigh on benefits and the purchasing power of retirees.

There are several different parts of Medicare. Here's how much premiums for each part are expected to cost in 2023.

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Source Fool.com