Medicare Part A Premium and Benefits for 2021
- Part A covers:
- Inpatient care in a hospital
- Skilled nursing facility care
- Nursing home care (inpatient care in a skilled nursing facility that’s not custodial or long-term care)
- Hospice care
- Home health care
Click link to view the official U.S. government Medicare handbook Medicare and You 2021
YOUR MONTHLY PREMIUM
Time Worked **
For 10 or more years
Your premium is $0
Between 7.5 and 10 years
Your premium is $259 Per month
Fewer Than 7.5 years
Your Premium is $458 Per Month
Medicare Part A Premium and Benefits for 2021
HOSPITALIZATION DAYS
1-60 Days
MEDICARE COVERS
Most confinement costs after the required Medicare deductible
YOU PAY
$1,448 deductible for each benefit period
HOSPITALIZATION DAYS
61-90 Days
MEDICARE COVERS
All eligible expenses after patient pays a per-day co-payment
YOU PAY
$371 coinsurance per day of each benefit period
HOSPITALIZATION DAYS
91-150 Days
MEDICARE COVERS
Coinsurance per each “lifetime reserve day” after day 90 for each benefit period (up to 60 days over your lifetime)
YOU PAY
$742 coinsurance per each day of benefit
HOSPITALIZATION DAYS
151 Days
MEDICARE COVERS
NOTHING
YOU PAY
You pay all costs
HOSPITALIZATION DAYS
SKILLED NURSING CONFINEMENT: FOLLOWING AN INPATIENT HOSPITAL STAY OF AT LEAST 3 DAYS & ENTER A MEDICARE-APPROVED SKILLED NURSING FACILITY WITHIN 30 DAYS AFTER HOSPITAL DISCHARGED and RECEIVE SKILLED NURSING CARE.
MEDICARE COVERS
All eligible expenses for first 20 days: then all eligible expenses for days 20-100 after patient pays a per day copayment.
YOU PAY
After 20 days $176 a day co-payment
When you’re first eligible for Medicare, you have a 7-month Initial Enrollment Period to sign up for Part A and/or Part B.
If you’re eligible for Medicare when you turn 65, you can sign up during the 7-month period that:
- Begins 3 months before the month you turn 65
- Includes the month you turn 65
- Ends 3 months after the month you turn 65
You should ask your Human Resources department if you should sign up for Part A. If you’re eligible for premium-free Part A, you can enroll in Part A anytime after you’re first eligible for Medicare, if you did not when you turned 65.
You also have an 8-month Special Enrollment Period to sign up for Part A and/or Part B that starts at one of these times (whichever happens first):
Note: Must be creditable health insurance.
- The month after the employment ends
- The month after group health plan insurance based on current employment ends.
If you are receiving Social Security they will automatically sign you up for both Part A and B at age 65.
You automatically get Part A and Part B after you get one of these:
- Disability benefits from Social Security for 24 months
- Certain disability benefits from the RRB for 24 months
You can apply online by copying and pasting:
https://secure.ssa.gov/iClaim/rib
Or call Social Security at: 800-772-1213
READY TO TAKE THE NEXT STEP
To get more information to help make a good decision about your Medicare Insurance Plan or compare your present plan, call 800-641-3315 or set a phone appointment with a licensed agent.
You can also attend our Medicare Educational Online Webinar.
There is no cost to our services
Medicare Educational Event online at no cost. We will cover Parts A, B, C, D and Medicare Supplement Plans. Bring your questions to be answered.
Click to register at Medicare 101 online
