How is Medicare paid for?
Medicare is financed by Social Security Administration. So, taxpayers fund in Medicare by paying 1.45% of their earning into Federal […]
Is Medicare Part A free?
If you or your spouse have worked for at least 10 years (40 quarters) and paid Medicare taxes, you are […]
Is Medicare Part B free?
You pay a monthly premium for Part B. The premium amounts vary depending on your income. The higher your income, […]
Is there a deductible for Medicare?
Yes. There will be a deductible for Medicare Parts A & B, and it changes yearly. In 2021, your deductible […]
What will my Medicare premium be?
f you or your spouse have worked for at least 10 years (40 quarters) and paid Medicare taxes, you are […]
How can I get help paying for Medicare?
If you are earning a low-Income, there is a government program, called Medicaid or Low-Income Subsidy that helps cover premiums […]