Prescription Insurance Quotes


Part A premium
Most people don’t pay a monthly premium for Part A (sometimes called “premium-free Part A”). If you buy Part A, you’ll pay up to $411 each month. You can visit the website to calculate your premium.

Part A hospital inpatient deductible and coinsurance
You pay:

$1,316 deductible for each benefit period
Days 1-60: $0 coinsurance for each benefit period
Days 61-90: $329 coinsurance per day of each benefit period
Days 91 and beyond: $658 coinsurance per each “lifetime reserve day” after day 90 for each benefit period (up to 60 days over your lifetime)
Beyond lifetime reserve days: all costs

Late enrollment penalty:
If you don’t buy it when you’re first eligible, your monthly premium may go up 10%. (You’ll have to pay the higher premium for twice the number of years you could have had Part A, but didn’t sign up.)

Part B premium
Most people pay $109 each month. The premium may be higher depending on your income.
Late enrollment penalty:Your monthly Part B premium will go up 10% for each full 12-month period that you could have had Medicare Part B but did not take it. You will pay this higher premium as long as you have Medicare Part B. You may not have to pay the penalty if you qualify for a Special Enrollment Period (SEP).

Part B deductible and coinsurance
$183 per year. After your deductible is met, you typically pay 20% of the Medicare-approved amount for most doctor services (including most doctor services while you’re a hospital inpatient), outpatient therapy, and durable medical equipment.

Part C premium
The Part C monthly premium varies by plan. Part C is the same as Medicare Advantage plan. They cover all of Part A and Part B services and also Part D. They may also provide other supplemental benefits such as dental, vision, transportation, acupuncture, chiropractor, hearing aids, worldwide emergency coverage and much more. Some of those services are not covered through Original Part A or Part B.

Part D deductibles as follows
The Part D monthly premium varies by plan (higher-income consumers may pay more).
Late enrollment penalty:The late-enrollment penalty is calculated by multiplying 1% of the “national base beneficiary premium” times the number of full, uncovered months you were eligible, but chose not to join a Medicare Prescription Drug Plan or weren’t covered under some other “creditable” plan.

Prescription Insurance Quotes