Calculate Your Total Annual Healthcare Spending
Evaluate plans based on total annual costs rather than monthly premiums alone. Combine your projected Part B premiums ($209.50 per month), drug plan premiums, deductibles ($292 for Part B), and expected copayments for doctor visits and prescriptions. Deduct anticipated savings from negotiated drug prices to determine your net expected out-of-pocket costs. Calculating total expenses helps you select the plan that offers the best financial protection.
