Medicare Part A

Medicare Part A, also known as Hospital Insurance, is a fundamental component of your Medicare coverage. Understanding the scope of Part A coverage and its associated expenses is essential for making informed healthcare decisions as you navigate your Medicare journey.

What does it cover?

• Inpatient care in hospitals 
• Skilled nursing facility care
• Hospice care
• Home health care

What does Medicare Part A cost in 2023?

$0 for most Medicare beneficiaries. If you or your spouse have paid Medicare taxes for at least 10 years (40 quarters) in your life, you do not pay a monthly premium for Part A (sometimes called “premium-free Part A”). If you or your spouse did not pay Medicare taxes for at least 10 years, you will pay either $278 or $506 per month, depending on your situation.

Other Medicare Part A Costs:

• $1,600 deductible for each benefit period.
• Days 1-60: $0 after deductible.
• Days 61-90: $400 coinsurance per day of each benefit period.
• Days 91 and beyond: $800 coinsurance per each “lifetime reserve day” after day 90 for each benefit period (up to 60 days over your lifetime).
• Beyond lifetime reserve days: you pay all costs.