Often referred to as Hospital coverage.

After a per occurrence deductible of $1,632 dollars in 2024,

Part A helps cover:

*Inpatient care in a hospital

*Skilled Nursing Facility care

*Hospice care

You may be charged additional copays, and coinsurance depending on service and length of stay.

This is why enrolling in a Medicare Supplement plan or a Medicare Advantage plan is so important. Either option offers many plans to choose from.

Often called Medical coverage or Outpatient coverage.

Part B has an annual deductible of $240 in 2024.

After that Medicare Part B will cover 80% for medically necessary outpatient services like:

*doctor's visits

*physical therapy

*home health services

*durable medical equipment

*mental health services

*chemo therapy and radiation

*other medical services provided as outpatient

Once Medicare pays their share, you typically pay 20% of the Medicare-approved amount. There is no yearly limit on what you pay out of pocket if you have just Original Medicare Part A & Part B.

Again, enrolling in a Medicare Supplement plan or a Medicare Advantage plan will offer the needed financial protection.

If you, or a spouse, have worked in the U.S. for 40 quarters (10 years), or more, then enrolling in Medicare Part A will be available to you at no charge.

The Standard rate for Medicare Part B will be $174.70 in 2024.

Qualifying for MediCal may reduce or eliminate your cost for Medicare Part B.

High income earners will pay a larger portion of the total cost for Medicare Part B and a larger portion of the Prescription Drug Premium. Talk to your insurance agent to see if there is a way to lower your IRMAA payment.