The Cost of Medicare for 2023
Part A – Hospital Coverage
Monthly Premium: $0 for most people
Part B – Medical Insurance
Monthly Premium: $164.90 for most people
Cost of Services (Coinsurance): You’ll usually pay 20% of the cost for each Medicare-covered service or item after you’ve paid your deductible.
Part D – Drug Coverage
Monthly Premium: Monthly premiums vary based on which plan you join. The amount can change each year. You may also have to pay an extra amount each month based on your income.
Deductible: The deductible amount varies based on which plan you join.
Still have questions?
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