Original Medicare and Parts of Medicare

HAVE A QUESTION?

Don’t let the complexities of Medicare overwhelm you. Contact Christianson Health Brokers to take the first step towards securing the right coverage!

Medicare is a Federal health insurance program that is designed to cover part of the cost of medical care for people 65 or older and some younger people with certain disabilities or medical conditions. It is divided into two parts: Part A covers hospitalization, ambulance, and in-patient rehab, whereas part B covers doctor visits and other outpatient care. Medicare is an important resource for many Americans, providing them with access to healthcare services they might not otherwise be able to afford.

HOW TO FIND THE RIGHT MEDICARE SOLUTION

If you’re a senior eligible for Medicare, it’s important to work with Christianson Health Brokers to learn more about the program and find a Medicare solution that works for you. Eric Christianson is an expert in all things Medicare and can help you select a plan that meets your unique needs and budget. With Eric’s help, you can rest assured that you’re making informed decisions about your healthcare coverage and getting the best possible value for your money.

HOW MUCH DOES MEDICARE COST?

One of the most important factors in finding the right Medicare plan is the cost. You can find the 2025 costs of Medicare broken down in the table below:

MEDICARE PART A DEDUCTIBLE AND COINSURANCE

You will have premium-free Part A if you paid Medicare taxes for ten years (40 quarters).
If you paid Medicare taxes for fewer than 40 quarters, your Part A monthly premium will be $518.
If you paid Medicare taxes for 30-39 quarters, your Part A monthly premium will be $285.

You Pay :

$1,676 deductible for each benefit period
$0 coinsurance for days 1-60 during each benefit period
$419 daily coinsurance for days 61-90
$838 daily coinsurance for days 91 and beyond (lifetime reserve days)
All costs beyond lifetime reserve days

MEDICARE PART B PREMIUM

The standard Part B monthly premium is $185.00.
This premium could be higher depending on your income.

MEDICARE PART B DEDUCTIBLE AND COINSURANCE

Part B yearly deductible is $257.
After meeting your deductible, you will pay 20% of the Medicare-approved amount for the doctor services you receive.

MEDICARE PART C PREMIUM

Part C monthly premiums will vary among plans. Most Part C plans will have little or no monthly premium.
You will also be responsible for your Part A and B costs.

MEDICARE PART D PREMIUM AND DEDUCTIBLE

Part D monthly premiums will vary among plans.
Part D plans may or may not have a deductible depending on the plan you have chosen

MEDICARE SUPPLEMENT PREMIUM

The monthly premium you pay for Medigap will ultimately depend on the plan you choose and the insurance company.

Original Medicare and Parts of Medicare

HOW TO FIND THE RIGHT MEDICARE SOLUTION

HOW MUCH DOES MEDICARE COST?

One of the most important factors in finding the right Medicare plan is the cost. You can find the 2024 costs of Medicare broken down in the table below:

You will have premium-free Part A if you paid Medicare taxes for ten years (40 quarters).
If you paid Medicare taxes for fewer than 40 quarters, your Part A monthly premium will be $505.
If you paid Medicare taxes for 30-39 quarters, your Part A monthly premium will be $278.

MEDICARE PART A DEDUCTIBLE AND COINSURANCE

You Pay :

$1,632 deductible for each benefit period
$0 coinsurance for days 1-60 during each benefit period
$400 daily coinsurance for days 61-90
$800 daily coinsurance for days 91 and beyond (lifetime reserve days)
All costs beyond lifetime reserve days

MEDICARE PART B PREMIUM

The standard Part B monthly premium is $174.70.
This premium could be higher depending on your income.

MEDICARE PART B DEDUCTIBLE AND COINSURANCE

Part B yearly deductible is $240.
After meeting your deductible, you will pay 20% of the Medicare-approved amount for the doctor services you receive.

MEDICARE PART C PREMIUM

Part C monthly premiums will vary among plans. Most Part C plans will have little or no monthly premium.
You will also be responsible for your Part A and B costs.

MEDICARE PART D PREMIUM AND DEDUCTIBLE

Part D monthly premiums will vary among plans.
Part D plans may or may not have a deductible depending on the plan you have chosen

MEDICARE SUPPLEMENT PREMIUM

The monthly premium you pay for Medigap will ultimately depend on the plan you choose and the insurance company.

WHY SHOULD YOU ENROLL IN MEDICARE?

Enrolling in Medicare is essential for seniors to ensure they have access to affordable healthcare. With healthcare costs increasing, having a reliable resource like Medicare to help you cover medical expenses is more important than ever. By enrolling during their Initial Enrollment Period (IEP), seniors can rest easy knowing they have a safety net for their healthcare needs, allowing them to focus on enjoying their golden years without the added worry of steep medical bills.

With Christianson Health Brokers close collaboration and ongoing assistance, you’ll be able to make Medicare decisions with ease and assurance. Don’t settle for anything less – book an appointment with Christianson Health Brokers today!

WHY SHOULD YOU ENROLL IN MEDICARE?

PARTS OF MEDICARE

Are you eligible for Medicare, or do you already have Medicare and are looking at switching coverage? Regardless of your situation, knowing what your plan options are can help you make informed decisions on the type of coverage that meets your needs best!

WHAT DOES MEDICARE COVER?

Because Medicare is divided into four parts, each part will have different coverage. Here is a breakdown of the type of coverage you can receive with each part:

PARTS OF MEDICARE

WHAT DOES MEDICARE COVER?

Because Medicare is divided into four parts, each part will have different coverage. Here is a breakdown of the type of coverage you can receive with each part:

PART

A

HOSPITAL INSURANCE

INPATIENT CARE

PART

B

MEDICAL INSURANCE

OUTPATIENT CARE

PART

A

HOSPITAL INSURANCE

INPATIENT CARE

PART

B

MEDICAL INSURANCE

OUTPATIENT CARE

PART

C

MEDICARE ADVANTAGE

PROVIDES SAME COVERAGE AS PARTS A AND B

Some plans may include extra coverages including
Dental vision and hearing
Additional coverage may be included.

Most include Medicare Part D prescription drug coverage in the same plan

PART

C

MEDICARE ADVANTAGE

PROVIDES SAME COVERAGE AS PARTS A AND B

Some plans may include extra coverages including
Dental vision and hearing
Additional coverage may be included.

PART

D

DRUG COVERAGE

Each part must cover two drugs from every diagnostic category
After paying $2,000 out of pocket for covered prescription drugs, the Medicare Part D recipient moves into Catastrophic Coverage which pays 100% of drug costs through the end of the year