Which options are right for you?

There are several things to consider when deciding on your Medicare coverage.

Types of Medicare

Medicare covers services and supplies considered medically necessary to treat a disease or condition. Medicare Advantage plans offer the same types of coverage and are provided by private insurance companies.

Prescription Drugs

To get Medicare drug coverage, you must join a plan run by an insurance company or other private company approved by Medicare. Each plan can vary in cost and drugs covered.

Supplemental Coverage

You may want to get coverage to help pay some of the health care costs that Original Medicare doesn't cover, like copayments, coinsurance, and deductibles. You can choose to buy a Medigap policy from a private company.

2022 costs at a glance

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 $499 each month. If you paid Medicare taxes for less than 30 quarters, the standard Part A premium is $499. If you paid Medicare taxes for 30-39 quarters, the standard Part A premium is $274.
Part A hospital inpatient deductible and coinsurance

 You pay: 

  • $1,556 deductible for each benefit period
  • Days 1-60: $0 coinsurance for each benefit period
  • Days 61-90: $389 coinsurance per day of each benefit period
  • Days 91 and beyond: $778 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
Part B premium The standard Part B premium amount is $170.10 (or higher depending on your income).
Part B deductible and coinsurance $233. 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 (dme).
Part C premium The Part C monthly premium varies by plan.
Part D premium The Part D monthly premium varies by plan (higher-income consumers may pay more).


To help cover the costs of what medicare does not pay, you can choose a Medicare Supplemet plan, or "Medigap".