How Much Does Medicare Cost?

Most U.S. citizens 65+ qualify for free Medicare Part A but pay deductibles and coinsurance. Part B averages $203/month, varying by income. Medicare Advantage (Part C) costs vary, often with $0 premiums plus Part B premium, and have annual out-of-pocket limits up to $9,250. Part D prescription costs vary with income and penalties for late enrollment. Medigap supplements cover some out-of-pocket costs, with prices depending on insurer and enrollment timing.