Option 1 - Original Medicare

Also known as Parts A and B

Medicare Part A Costs:

Premium-$0 for most people (because they paid Medicare taxes long enough while working - generally at least 10 years). This is sometimes called “premium-free Part A.”

Deductible-$1,600 for each time you’re admitted the hospital per benefit period Original Medicare starts to pay. There's no limit to the number of benefit periods you can have.

Copays Inpatient Stays- Days 1-60: $0 after deductible. Days 61-90: $400/day. Days 91-150: $800/day. After day 150: you pay all costs.

Medicare Part B Costs:

Premium: $164.90 each month (or higher depending on your income). The amount can change each year. You’ll pay the premium each month, even if you don’t get any Part B-covered services.

Deductible: You’ll pay $226, before Original Medicare starts to pay. You pay this deductible once each year.

Coinsurance: You’ll usually pay 20% of the cost for each Medicare-covered service or item after you’ve paid your deductible.

Part D - Prescription Drugs

Not Covered - If you need drug coverage, you may need to sign up for a separate prescription drug plan. Private Companies provide this.

Medicare Supplement

Some people may choose to get a separate Medicare Supplement plan to cover out of pocket costs from Original Medicare.