Medicare Part A Premiums
What is Medicare Part A?
Medicare Part A, also known as the Hospital Insurance, helps cover medically necessary inpatient care such as hospitals, hospice, and skilled nursing facilities.
How much does Part A cost?
For most people, all that have worked 40 Medicare-covered quarters, Part A is premium-free. For those who have worked less than 40 Medicare-covered quarters, a monthly premium must be paid in order to keep coverage. See chart below for pricing details.
Unlike Medicare Part B and Medicare Part D, the premiums are not based on your income. Instead, they are based on the length of time you contributed to Medicare through employment. To find out how much your premium will be for Part B, Part C and Part D, visit the following articles:
Part A Deductible and Coinsurance
Medicare Part A beneficiaries may be subject to a deductible and coinsurance. Part A pays all covered cost except the deductible, which applies during the first 60 days of inpatient care, and the coinsurance, which applies for days 61-150 of inpatient care. See the chart below for the current deductible and coinsurance amounts and also amounts for previous years. This will allow you to see about how much these amounts are increasing each year.