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Related Info

2023 Medicare Costs
Part A premium Most people don't pay a monthly premium for Part A. If you buy Part A, you could pay up to $506 each month (based on income). Part A hospital inpatient deductible and coinsurance: $1,600 deductible for each benefit period Days 1-60: $0 coinsurance for each benefit period Days 61-90: $400 coinsurance per day of each benefit period Days 91 and beyond: $800 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 Skilled nursing facility co-insurance: $200 Part B premium The standard Part B premium amount is $164.90 (or higher depending on your income). However, most people who get Social Security benefits will pay less than this amount ($140 on average). Part B deductible and coinsurance $226 per year. After 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. Part C premium The Part C monthly premium varies by plan. Compare costs for specific Part C plans Part D premium The Part D monthly premium varies by plan (higher-income consumers may pay more). Compare costs for specific Part D plans
Typical Short-term Policy*
Covers: Illness, Injury, Other Waiting Period: 0 - 30 days Coverage Period: Up to 1 year Payout: Up to 60% of earnings Plan Funding: Employee or Employer (Post tax so benefit isn't taxed)
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"Please contact me today to make sure you aren't paying too much for your Medicare insurance." - Jessica Nuccio