How much does Medicare cost?

How much does Medicare cost?

Like any other health insurance service, Medicare requires premiums, deductibles, and other forms of coinsurance. The cost of Medicare can vary greatly depending on your income, your chosen insurance company, and the level of coverage you require. Additionally, there are assistance programs to help with some of the costs for beneficiaries with low or limited income. 

If you have any questions about Medicare coverage or enrollment, please contact Medicare at any time at 1-800-MEDICARE (1-800-633-4227; TTY users 1-877-486-2048).

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Helpful Hint

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Each Medicare plan covers different drugs, and re-imburses different amounts.

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How much does Medicare cost?