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 $499 each month in 2022. If you paid Medicare taxes for less than 30 quarters, the standard Part A premium is $499 in 2022. If you paid Medicare taxes for 30-39 quarters, the standard Part A premium is $274 in 2022.
Part A Hospital and Inpatient Deductible:
You pay:
- $1,566 deductible for each benefit period
- Days 1-60: $0 coinsurance for each benefit period
- Days 61-90: $389 coinsurance per day of each benefit period
- Days 91 and beyond: $778 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
Most people pay $170.10 each month (or higher depending on your income).
Part B Deductible and Coinsurance
$233. 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.
Part C Premium
Part C monthly premium varies by plan.
Part D Premium
The Part D monthly premium varies by plan (higher-income consumers may pay more).
This information comes from www.medicare.gov.
