Drugs can be expensive on Medicare because of the "doughnut hole". Ie, anyone on expensive drugs ends up paying around $7K-8K a year for drugs, on top of their

Drugs can be expensive on Medicare because of the "doughnut hole". Ie, anyone on expensive drugs ends up paying around $7K-8K a year for drugs, on top of their Medicare premium and supplemental insurance premium, which together are anywhere from $200-500 per month depending on the plan. https://www.medicareinteractive.org/get-answers/medicare-prescription-drug-coverage-part-d/medicare-part-d-costs/the-part-d-donut-hole https://www.medicareinteractive.org/get-answers/medicare-pre... Medicare premiums increased 5.9% for 2024 ($9.80 increase from $164.90), while the 2024 COLA for Social Security benefits is 3.2%. So the longer you live, the worse your financial picture gets.