How much does Medicare Part A cost?

Part A – Monthly Premium

For most Medicare eligible individuals, Medicare Part A is premium free. Premium free Part A is generally available if you or your spouse paid Medicare taxes for at least 40 quarters (10 years). In 2017, those individuals that paid Medicare taxes for 30-39 quarters must pay $227 Part A monthly premium. For those who paid less than 30 quarters owe $413 a month for Part A coverage.

Are you in a higher income tax bracket? If so, please see Income Related Monthly Adjustment Amount (IRMAA)

Medicare Costs

Medicare Part A – Deductibles and Coinsurance

• A benefit period starts the day of hospital admission and ends 60 days in row without inpatient hospital care. For example, a Medicare beneficiary enters inpatient hospital care on May 15th and is released May 20th. May 20th begins the 60 day portion of the benefit period. May 15th through the 20th is 5 days, plus 60 days in row without inpatient care equals 65 days. After the 65 days have elapsed a new deductible is required and coinsurance days restart.

Your Skilled Nursing Facility Costs under Original Medicare

• Days – 1-20: $0 for each benefit period
• Days – 21-100: $164.50 Coinsurance Per Day for Each Benefit Period
• Days 101 and Beyond: All Costs

Home Health Care Costs under Original Medicare (Part A and Part B)

• $0 for Home Health Services
• 20% Coinsurance for the Medicare approved Cost of Durable Medical Equipment (DME)

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