8 Democratic Senators introduce 'Medicare at 55 Act'

[George II]

132. I was nervous about our supplemental insurance once I (and then we) retired. Not knowing...

...what it might be, I budgeted about $5000 each for Medicare and supplemental insurance. I was shocked about how inexpensive it was.

Part A is $0, Part B is $121 each per month, and our supplemental insurance (including prescriptions) is $25 per month each. That's a total of $3500 per year for both of us combined, much less than I expected. We didn't get Part D though.

Our co-pays for the three prescriptions we have are $2.00 per month (blood pressure for each of us, Lipitor for me) But we get hit for less common prescriptions - when we had our cataract surgery we needed three - one was $30 (no big deal), one was $120, and one was about $250. But with coupons supplied by the doctor and "samples", the last two cost us only about $100.

Supplemental insurance varies depending upon where you live. We live in CT, where there is good competition. I would imagine that in urban areas it would be more expensive.