Medicare company — Seattle, WA

Medicare Part A, which covers hospital services, is often premium-free for many individuals who have paid Medicare taxes for at least 10 years. However, Part B, for doctor visits and outpatient care, typically has a monthly premium. Prescription drug plans also have premiums. We can help you understand your potential costs.

Medicare is the federal health insurance program primarily for individuals aged 65 and older, as well as younger people with certain disabilities or End-Stage Renal Disease. It provides coverage for hospital stays, doctor services, and prescription drugs, helping manage healthcare expenses.

Medicare generally does not cover services like routine dental care, eye exams for glasses, hearing aids, cosmetic surgery, long-term custodial care, and most foot care. It's important to be aware of these exclusions when planning your healthcare. Supplemental insurance can sometimes cover these areas.

To be eligible for Medicare, you typically need to be a U.S. citizen or a legal resident for at least five years. You must also be at least 65 years old, or under 65 with a qualifying disability or End-Stage Renal Disease. Meeting these criteria is fundamental for enrollment.

Your monthly Medicare costs are influenced by your income and the specific plans you select. While Part A might be premium-free for many, Part B has a standard monthly premium that can be higher for individuals with higher incomes. Part D plans also have varying monthly premiums. We can provide a personalized estimate.

This amount can change annually, and individuals with higher incomes may pay more, based on their tax returns. It's essential to confirm your specific premium amount.