Original Medicare Premiums

Medicare is made up of different parts, each covering specific types of care. Parts A and B together are known as Original Medicare and form the foundation of your coverage.

Medicare Part A (Hospital Insurance)
Part A helps cover inpatient care, including:

• Hospital stays

• Skilled nursing facility care

• Hospice care

• Some home health services

Most people do not pay a monthly premium for Part A if they or their spouse paid Medicare taxes while working.

Medicare Part B (Medical Insurance)
Part B covers outpatient and medical services, including:

• Doctor visits

• Preventive services

• Lab work and diagnostic testing

• Durable medical equipment

• Outpatient procedures

Part B usually requires a monthly premium, which is based on your income.

Understanding Part B Costs
The standard Part B premium is set each year, but higher-income individuals may pay more due to Income-Related Monthly Adjustment Amount (IRMAA).

You can view the current Medicare Part B premiums and income brackets here:
👉 https://www.medicare.gov/basics/costs/medicare-costs

How Parts A & B Work Together
Together, Parts A and B provide broad coverage for hospital and medical services. However, they do not cover everything—such as prescription drugs, dental, vision, or hearing.

Many people choose to add additional coverage, such as:

• A Medicare Advantage plan (Part C)

• A Medicare Supplement (Medigap) plan

• A Part D prescription drug plan

Our team is here to help you learn all about Medicare, review your options, answer your questions, and complete enrollment in the plan you choose.