Part A
2024 monthly premium
- For most people, Part A is free.
- If you have fewer than 30 working quarters (7.5 years) of coverage, you pay $505/month.
- For 30-39 working quarters (more than 7.5 or less than 10 years) of coverage, you pay $278/month.
Part B
2024 monthly premium
- The standard Part B premium is $174.70 (or higher depending on your income).
- However, a small number 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 A and B costs.
Note:
If you're not receiving Social Security benefits, you'll need to arrange premium payment with the Social Security Administration.