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2. Costs - Medicare

   www.medicare.gov/basics/costs/medicare-costs

   You must have Part B and keep paying your Part B premium to stay in your plan. Will my Medicare Advantage Plan help pay my Part B premium? Compare costs for specific health care plans.

3. What does Medicare cost? | Medicare

   www.medicare.gov/.../medicare-basics/what-does-medicare-cost

   In 2024, the premium is either $278 or $505 each month, depending on how long you or your spouse worked and paid Medicare taxes. You also have to sign up for Part B to buy Part A. If you don’t buy Part A when you’re first eligible for Medicare (usually when you turn 65), you might pay a penalty.

4. Parts of Medicare

   www.medicare.gov/basics/get-started-with-medicare/medicare-basics/parts-of...

   Understand the parts of Medicare: Part A, Part B, Part C, Part D and Medigap, and how they relate to Original Medicare and Medicare Advantage.

5. What Part B covers - Medicare

   www.medicare.gov/providers-services/original-medicare/part-b

   If you have Part B and Medicare Supplement Insurance (Medigap) that pays your Part B coinsurance, your Medigap plan should cover the $35 (or less) cost for insulin. Next step: Understand what Part A covers. Take action: Find out if Medicare covers a test, item, or service you need.

6. Find a Medicare plan

   www.medicare.gov/plan-compare

   Find Medicare health and drug plans in your area and compare costs. To get started enter a ZIP code or log in.

7. Compare Medigap Plan Benefits - Medicare

   www.medicare.gov/health-drug-plans/medigap/basics/compare-plan-benefits

   Compare benefits offered by each Medigap plan including Plan A, Plan B, Plan C, and more.

8. Medicare Part A (Hospital Insurance) Costs

   www.medicare.gov/publications/11579-medicare-costs.pdf

   Medicare Part B (Medical Insurance) Costs. Part B monthly premium. Most people pay the standard Part B monthly premium amount ($174.70 in 2024). Social Security will tell you the exact amount you’ll pay for Part B in 2024. You pay the standard premium amount if you: • Enroll in Part B for the first time in 2024.

9. How to Pay Part A & Part B premiums - Medicare

   www.medicare.gov/basics/costs/pay-premiums

   Choose your payment method, like credit/debit card, Health Savings Account (HSA) card, or checking or savings account, and enter the amount you want to pay. You'll then be linked to the U.S. Treasury's secure Pay.gov site to complete your payment. Use only your Medicare account to pay your premiums.

10. Avoid late enrollment penalties | Medicare

    www.medicare.gov/basics/costs/medicare-costs/avoid-penalties

    If you waited 2 full years (24 months) to sign up for Part B and didn’t qualify for a Special Enrollment Period, you’ll have to pay a 20% late enrollment penalty (10% for each full 12-month period that you could have signed up), plus the standard Part B monthly premium ($174.70 in 2024).

11. Sign up for Medicare Part B now through March 31

    www.medicare.gov/media/11873-Sign-up-Part-B-package-US.pdf

    Part B helps cover services from doctors and other health care providers, outpatient care, durable medical equipment, and many preventive services. If you want Part B, you have to sign up for it and pay a monthly premium. (Go to page 3 in the booklet for details.)