What does it cost?

What does it cost?

  • Part A – You usually don’t pay a premium for Part A if you or your spouse paid Medicare taxes while you were working.
  • Part B – You do pay a premium for Part B each month. Most people pay $135.50 per month. This is usually deducted from your monthly Social Security benefit payment. Premiums could be higher depending on your income.
  • Part C – Medicare Advantage Plans. Premiums for these plans are determined by each insurance carrier.
  • Part D – You do pay a monthly premium for Part D prescription drug plans. The amount you pay is based on the plan you choose.  Premiums could be higher depending on your income.