Medicare cost — Boston, MA

Medicare is the federal health insurance program for people 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease. It primarily covers hospital stays (Part A) and doctor visits/outpatient care (Part B). There are also options for prescription drugs (Part D) and additional coverage (Part C/Advantage). We can explain how these parts work together.

Medicare typically doesn't cover long-term care, most dental care, eye exams for glasses, cosmetic surgery, acupuncture, or hearing aids. These exclusions are important to be aware of when planning your healthcare. Supplemental plans can often help bridge these gaps. We can help you find the right coverage for your needs.

Generally, you need to be a U.S. citizen or have been a legal resident for at least five years. You must also be 65 or older, or younger than 65 with a qualifying disability or End-Stage Renal Disease. Meeting these basic criteria is the first step to enrollment. We can confirm your eligibility.

Your monthly Medicare costs depend on which parts of Medicare you enroll in and your income. Part A is often premium-free, but Part B has a standard monthly premium, which can be higher for those with higher incomes. Prescription drug plans (Part D) also have varying premiums. We can provide a personalized quote.

However, not everyone pays exactly this amount; individuals with higher incomes pay more due to the Income-Related Monthly Adjustment Amount (IRMAA). We can help you understand your specific premium.