Let us help you simplify your Medicare coverage. A Medicare Advantage plan combines hospital, doctor, and prescription drug coverage. These compact plans may also include other benefits not offered through original Medicare.
Need more predictable out-of-pocket costs? We can enroll you in a Medicare supplement plan that can help fill the gaps in your Medicare Part A and B coverage, so there are fewer surprise expenses.
We can help you better manage your prescription expenses with a Medicare Part D prescription drug plan. Contact me to decode the eligibility requirements.
Part A Premium (Effective January 1, 2022):
- Most people don’t pay a monthly premium for Part A
- If you paid Medicare taxes for less than 30 quarters, the Part A premium is $499.
- If you paid Medicare taxes for 30-39 quarters, the Part A premium is $274.
Part A hospital inpatient and coinsurance (Effective January 1, 2021). You pay:
- $1,556 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: $704 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 (Effective January 1, 2022)
- The standard Part B premium amount for 2021 is $170.10 (or higher depending on your income).
Part B deductible and coinsurance (Effective January 1, 2021). You pay:
- $233 deductible per year.
- After your deductible is met, you typically pay 20% of the Medicare approved amount for most doctor services (including while you are a hospital inpatient), outpatient therapy and durable medical equipment.
Part C (Medicare Advantage plans) Premium:
- The Part C premium varies by plan.
Part D (Prescription Drug Plans) Premium:
- The Part D monthly premium varies by plan.
- Higher income consumers may pay more.