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.