What is Medicare Part A?

smiling doctor

Medicare Part A (Hospital Insurance) is coverage that helps pay for:

  • Inpatient hospital care
  • Skilled nursing facility care
  • Hospice care
  • Home health care

What is Premium-Free Part A?

Part A is sometimes called “premium-free Part A” because most people do not have to pay a monthly premium for this coverage. To become eligible for premium-free Part A, you or your spouse paid Medicare taxes for a certain amount of time while working.

For those that are under 65 years old, another way to acquire premium-free Part A is by earning Social Security or Railroad Retirement Board disability benefits for two years. Those that are over 65 and get retirement benefits — or are eligible to receive these benefits but have yet to file for them — from these systems can also get premium-free Part A. Likewise, retired 65-year-olds can also qualify for premium-free Part A if they (or their spouse) had Medicare-covered government employment.

medicare money

Part A Premiums

If you are not eligible for premium-free Part A, you can still purchase Part A by paying a monthly premium. The amount you pay each month depends on how long you (or your spouse) have worked and paid Medicare taxes. In 2022, the standard Part A premium will be either $274 or $499 depending on these work credits. If you choose not to purchase Part A, you can still get Part B by enrolling and paying the monthly Part B premium. Typically, if you choose to enroll in Part A, you are also required to also enroll in and pay the monthly premium for Medicare Part B (Medical Insurance).

man talking to doctor

Best-Rated Medicare Agents

If you’re looking for highly-rated Medicare brokers in Palm Beach, look no further than Medicare Sharks! We’re proud to provide our clients with free access to insider information about medicare supplements, drug plans, advantage plans, and more.

Our team of highly trained experts is ready to provide you with the personalized lifetime support service that you need to make confident decisions about your Medicare insurance coverage. Contact us today for a free quote comparison from top-rated carriers nationwide!

Medicare-Shark

CHEWS MEDICARE HELP TODAY!

Submit your information below and I will contact you about your Medicare coverage options. This is a solicitation for insurance.

CALL OUR AWARD-WINNING ELITE MEDICARE BROKERS!