Medicare Part A (Hospital Coverage) is usually $0 per month for most people because you paid into it while working.
Understanding Medicare Parts Explained for Comprehensive Coverage
Medicare Part B (Doctor & Medical Coverage) does have a monthly premium, and the amount is set by the government based on your income.
If you feel the Part B premium is too expensive, you should apply for financial assistance — help may be available to lower your costs.
Medicare Part A and Part B are like the foundation and frame of a house. They cover hospital stays and doctor visits, giving you the basic structure of coverage.
But there’s no roof. No cap on your out-of-pocket costs. No prescription drug coverage. And no routine dental, vision, or hearing.
You Need a Drug Plan Even if you do not take any Medications.
Medicare does not automatically include drug coverage.
If you go without creditable prescription coverage, you may face a permanent late enrollment penalty.