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Medicare 2023 Costs at a Glance

2023 Costs at a Glance

Part A premium

Most 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 $506 each month in 2023. If you paid Medicare taxes for less than 30 quarters, the standard Part A premium is $506 in 2023. If you paid Medicare taxes for 30-39 quarters, the standard Part A premium is $278 in 2023.

Part A hospital and inpatient deductible

 You pay: 

  • $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

Part B premium

Most people pay $164.90 each month (or higher depending on your income). 

Part B deductible and coinsurance

$226. 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

Part C monthly premium varies by plan

Part D premium

The Part D monthly premium varies by plan (higher-income consumers may pay more)

 

 This information comes from www.medicare.gov

By contacting the phone number on this website you will be directed to a licensed agent.

Medicare Resources
  • Are You Eligible for Medicare?
  • Medicare: What you need to know
  • Medicare-Related Enrollment Dates and Guidelines
  • Medicare 2023 costs at a glance
  • Five Things to Know About Your Medicare Card
  • What to Do During Your First Year With Medicare
  • Get your Medicare & You Handbook
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San Marcos
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California Insurance Licenses: Steve Gordon - #0H19888, Cindy Gordon - #0N11939

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Important disclosures about Medicare Plans: Medicare has neither endorsed nor reviewed this information. Not connected or affiliated with any United States Government or State agency. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.

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