Medicare Isn’t Just Expensive — It’s Unpredictable. Here’s How to Plan for That.

Medicare costs often rise annually, unlike Social Security benefits which usually increase. Part A has no premium but deductibles can change; Part B premiums and Part D or Medicare Advantage plan costs may increase yearly. Income-related surcharges (IRMAAs) add extra costs for higher earners. To manage expenses, budget flexibly, consider health savings accounts, Medigap insurance, review plans annually, and plan income to avoid IRMAAs.