Medicare Supplement

What Is Medicare

Medicare is the federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD).

What do you pay?

  • Part A = Most people don’t pay a monthly premium for Part A (sometimes called “premium-free Part A”). If you buy Part A, you’ll pay up to $413 each month. If you paid Medicare taxes for less than 30 quarters, the standard Part A premium is $413. If you paid Medicare taxes for 30-39 quarters, the standard Part A premium is $227.

  • Part B = The standard Part B premium amount is $134 (or higher depending on your income). However, most people who get Social Security benefits will pay less than this amount ($109 on average).

  • Part D = The Part D monthly premium varies by plan (higher-income consumers may pay more).

Part A & B Deductibles and Coinsurance

Part A hospital inpatient deductible and coinsurance

Part A hospital inpatient deductible and coinsurance: You pay:

  • $1,316 deductible for each benefit period.
  • Days 1-60: $0 coinsurance for each benefit period.
  • Days 61-90: $329 coinsurance per day of each benefit period.
  • Days 91 and beyond: $658 coinsurance per each “lifetime reserve day” after day 90 for each benefit period (up to 60 days over your lifetime).
  • Beyond lifetime reserve days: all costs.

Part B deductible and coinsurance

  • The standard Part B premium amount is $134 (or higher depending on your income). However, most people who get Social Security benefits will pay less than this amount ($109 on average).

What All Is Covered?

What does Part A Cover?

What does Part B Cover?

Tips For Those Turning 65

Preventive & screening services Medicare Part B (Medical Insurance)
covers: