Get Ready Medicare Customers Increase In Out-Of-Pocket Limit For Medicare Advantage Plans $7,550 In 2021?

Watching the presidential debate I was wondering when were they going to talk about the most important topic that’s affecting nearly half of America. High healthcare cost, While doing some research I came across this article from Forbes magazine. Here’s a snippet The out-of-pocket maximum or limit is the most you will have to pay for covered services in a plan year. Once you have written checks up to the set limit, the Medicare Advantage plan will cover the costs of services for the remainder of the year. Beginning in 2011, Medicare set the maximum out-of-pocket limit for in-network services at $6,700 and $10,000 for in- and out-of-network combined. But that will change as of January 1. The maximum limits will increase to $7,550 for in-network and $11,300 for in- and out-of-network combined.
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