Medicare Frequently Asked Questions

You’ll pay your part B premiums to Medicare. The cost for this is $174.70 or higher for 2024.. Beyond that, you may pay other premiums, deductibles, co-pays and co-insurance depending on the Medicare coverage option you choose. 

If you have credible coverage through an employer, you may be able to delay enrolling in Medicare. If you don’t have credible coverage, you may also enroll during your Initial Enrollment Period in Parts A, B and D to avoid late penalties. 

There are a few options to receive extra assistance that will help pay for your Part B, prescriptions, co-pays and co-insurances. I can help! 

No part of Medicare is mandatory. However, if you do not sign up for Medicare when it’s your initial enrollment period, you could face Part B and Part D penalties. 

Medicare is generally for people who are 65 or older, or who have a qualified disability. Medicaid is a state-governed program for people with limited income and resources. Some people are eligible for both Medicare and Medicaid. These people are considered “dual eligible” and are eligible for plans with extra benefits, including a Healthy Food Card. 

Contact me, I can help take the stress out of Medicare!