In general, Medicare Parts A&B pay 80% coinsurance of your hospital & medical bills. You’ll pay the remaining 20% coinsurance of the bills plus deductibles and copays which vary depending on the Medicare-approved service.
Most people choose to add a Medicare Supplement Plan (Medigap) to help pay for ALL or MOST of their out-of-pocket costs for Medicare-approved services.
If you choose to “REPLACE” Original Medicare A&B with "alternative coverage" called an Advantage Plan, then you must follow the insurance company-specific Advantage Plan's out-of-pocket cost structure.
Most people don’t pay a monthly premium for Part A
(sometimes called “premium-free Part A”)
$1,600 deductible for each benefit period
The standard Part B premium amount is $164.90
(maybe higher depending on your income)
$226 annual deductible
After your deductible is met, you typically pay 20% of the Medicare-approved amount for most doctor services (including most doctor services while you’re a hospital inpatient), outpatient therapy, and durable medical equipment (DME)