For Consumers

How much do Medicare Parts A and B cost?

Part A

2018 monthly premium: 

  • For most people, Part A is free.
  • If you have fewer than 30 working quarters (7.5 years) of coverage, you pay $422/month.
  • For 30-39 working quarters (more than 7.5 or less than 10 years) of coverage, you pay $232/month.

Part B

2018 monthly premium:

  • The standard Part B premium is $134 (or higher depending on your income). However, about 28 percent of people who get Social Security benefits will pay less due to the “hold harmless” provision. Social Security will tell you the exact amount you’ll pay.
  • Learn more about Part B costs (www.medicare.gov).

Note: If you're not receiving Social Security benefits, you'll need to arrange premium payment with the Social Security Administration.