Medicare Costs for 2020

Listed below are basic costs for people with Medicare. If you want to see and compare costs for specific health care plans, visit the Medicare Plan Finder.

For specific cost information (like whether you’ve met your deductible, how much you’ll pay for an item or service you got, or the status of a claim), visit MyMedicare.gov

2020 costs at a glance
Part A premiumMost people don’t pay a monthly premium for Part A (sometimes called “premium-free Part A“). If you buy Part A, you’ll pay up to $458 each month in 2020. If you paid Medicare taxes for less than 30 quarters, the standard Part A premium is $458. If you paid Medicare taxes for 30-39 quarters, the standard Part A premium is $252.
Part A hospital inpatient deductible and coinsuranceYou pay:$1,408 deductible for each benefit periodDays 1-60: $0 coinsurance for each benefit periodDays 61-90: $352 coinsurance per day of each benefit periodDays 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 premiumThe standard Part B premium amount is $144.60 (or higher depending on your income).
Part B deductible and coinsurance$198. 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 (dme)
Part C premiumThe Part C monthly premium varies by plan. Compare costs for specific Part C plans.
Part D premiumThe Part D monthly premium varies by plan (higher-income consumers may pay more). Compare costs for specific Part D plans.

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