(615) 424-7773
Need help? Call me!
(615) 424-7773
Need help? Call me!
Most people don’t pay a Part A premium because they paid Medicare taxes while
working. If you don’t get premium-free Part A, you pay up to $506 each month.
If you don’t buy Part A when you’re first eligible for Medicare (usually when you turn
65), you might pay a penalty.
Hospital stay
In 2023, you pay:
Skilled Nursing Facility stay
In 2023, you pay:
Most people pay the standard Part B monthly premium amount ($164.90 in 2023).
Social Security will tell you the exact amount you’ll pay for Part B in 2023.
You pay the standard premium amount if you:
(Your state will pay the standard premium amount of $164.90 in 2023.)
If your modified adjusted gross income as reported on your IRS tax return from
2 years ago is above a certain amount, you’ll pay the standard Part B premium and
an income-related monthly adjustment amount.
If you have questions about your Part B premium, call Social Security at
1-800-772-1213. TTY users can call 1-800-325-0778. If you pay a late enrollment
penalty, these amounts may be higher.
2023 Part B deductible—$226 before Original Medicare starts to pay.
Visit Medicare.gov/plan-compare to find and compare plan premiums. You can also
call 1-800-MEDICARE (1-800-633-4227). TTY users can call 1-877-486-2048.
Medicare Part B (Medical Insurance) Costs(continued)
The chart below shows your estimated drug plan monthly premium based
on your income. If your income is above a certain limit, you’ll pay an
income-related monthly adjustment amount in addition to your plan premium.
2023 Part D national base beneficiary premium—$32.74
The national base beneficiary premium is used to estimate the Part D late
enrollment penalty and the income-related monthly adjustment amounts listed
in the table above. It can change each year. If you pay a late enrollment penalty,
these amounts may be higher. See your Medicare & You handbook or visit
Medicare.gov for more information.