Most people have worked long enough and paid into the system to get their part A premiums Hospital coverage for Free. Others who have come into the workforce late will have to pay. But, How Much? That depends upon how long they paid in for. The Government benchmark is 40 quarters (10 years), generating Free Part A.
For Part A Premiums 2024, if you worked and paid in for-
30-39 Quarters– Your Premium will be $278.00
29 Quarters or Less- $505.00
If you’ve never worked at all, you can buy Medicare Part A for $505.00 per month.
Mike Miligi- Owner- Michael M Insurance Services
For over 10 years, Mike has been assisting Seniors and other Medicare-eligible individuals understand the ins and outs of Medicare and Medicare Health Insurance options, including Medicare Advantage Plans(Part C), Medicare Supplement Plans(Medigap), Prescription Drug Plans(PartD) and Dental and Vision programs.
Mike is Licensed in 7 States and Certified with 11 Insurance Carriers and has helped thousands of individuals decide on the best course of action for their particular Health Insurance needs. Because Mike is an Independent Medicare Health Insurance Broker, he works for the client not the Insurance Carriers and is able to provide his clients with accurate and unbiased Health Insurance options.
