A page to find out more about who we are and what Medicare Basic does.
Medicare | 2021 |
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Part A premium | 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 $458 each month. If you paid Medicare taxes for less than 30 quarters, the standard Part A premium is $458. If you paid Medicare taxes for 30-39 quarters, the standard Part A premium is $252. |
Part A hospital inpatient deductible and coinsurance | $1,484 deductible for each benefit period Days 1-60: $0 coinsurance for each benefit period Days 61-90: $371 coinsurance per day of each benefit period Days 91 and beyond: $742 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 premium | The standard Part B premium amount is $148.50 (or higher depending on your income). |
Part B deductible and coinsurance | $203. After your deductible is met, you typically pay 20% of the Medicare-approved amount for most doctor services (including most doctor services while you're a hospital inpatient), outpatient therapy, and durable medical equipment (dme) |
Part C premium | The Part C monthly premium varies by plan. Compare costs for specific Part C plans. |
Part D premium | The Part D monthly premium varies by plan (higher-income consumers may pay more). Compare costs for specific Part D plans. |