Medicare Costs at a Glance


In general, Medicare Parts A & B pays 80% coinsurance of your hospital & medical bills; You’ll pay the remaining 20% coinsurance of the bills plus deductibles and copays which vary depending on the Medicare-approved service.

Most people choose to add a Medicare Supplement Plan (Medigap) to help pay for ALL or SOME of their out-of-pocket costs for Medicare-approved services.

If you choose to “REPLACE” Medicare Parts A & B with alternative coverage called an Advantage Plan then you must follow the insurance company’s specific plan out-of-pocket cost structure.

2020 Medicare Parts A & B Costs at a Glance
Part A Premium

Most people don’t pay a monthly premium for Part A

(sometimes called “premium-free Part A”)

Part A Deductible$1,408 deductible for each benefit period
Part A Coinsurance
  • Days 1-60: $0 coinsurance for each benefit period
  • Days 61-90: $352 coinsurance per day of each benefit period
  • Days 91 and beyond: $704 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 $144.60

(maybe higher depending on your income reported in 2018 IRS tax returns)

Part B Deductible$198 annual deductible
Part B CoinsuranceAfter 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)
2020 Medicare Part A
2020 Medicare Part B
Chews Medicare
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