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Different Parts of Medicare: Welcome

THE DIFFERENT PARTS OF MEDICARE

The FOUR Parts of Medicare 

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Part A

$0 Premium if you or your spouse paid Medicare taxes long enough while working - generally at least 10 years, or 40 quarters. 

Inpatient/Hospital-

          You pay:   $1632 Deductible Days 1-60

   Days 61-90:  $408 per Day  

  Days 91-150:  $816 per Day

 After day 150:  You pay all costs.​

Inpatient Rehab/Skilled Nursing-

  Days 1-20:   $0

        21-100:   $204 per Day 

  Days 101 and beyond: You pay all costs.              

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Part C

$0-$150 per month Premium Options

Medicare Advantage All In One HMO, PPO, PFFS

Forfeit Rights to Medicare

Networks

Max Out of Pocket from $2900-$8,850 (varies as it depends on the plan)

Most plans have Drug coverage

Some plans have gym options, dental, vision and other products.

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*We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.

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Part B

$174.70 per month Premium  

Outpatient/Does Not require overnight stay

              You pay:  $240 Deductible per year

   Medicare pays:  80% of costs

              You pay:  20% of costs

   No Networks

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Part D

*$0.50-$150 per month Premium

a/k/a Prescription Drug Coverage

$545 yearly Deductible (may be waived for some medications)

Pharmacy options: 

Preferred & Standard (in & out of network)

Initial Phase:  $5030 

Coverage Gap/Donut Hole:  $8000

You pay:  25%

**Catastrophic: Great News, as of 2024 there will no longer be Catastrophic Coverage.  Once you leave the donut hole, or coverage gap, you will owe nothing for your medications the rest of 2024.

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Plan G will cover all of Part A & Part B except for the Part B Deductible. You may have A, B, D & a Supplement OR A, B & C.

  *Some pay more based on income (IRMAA) click HERE for more.

**Catastrophic goes away in 2024.

Different Parts of Medicare: News

TRADITIONAL MEDICARE

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Different Parts of Medicare: Contact
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