By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    bowl of vegetable salad
    Raw Foods: benefits and harms
    November 9, 2021
    pros and cons of the keto diet
    Read This Before You Follow the Keto Diet
    May 18, 2022
    spinal cord injuries
    4 Potential Causes of Spinal Cord Injuries (and How to Seek Compensation)
    May 25, 2022
    Latest News
    The Hidden Impact Of Stress On Your Body’s Alignment And Balance
    May 22, 2025
    Chewing Matters More Than You Think: Why Proper Chewing Supports Better Health
    May 22, 2025
    Grounded Healing: A Natural Ally for Sustainable Healthcare Systems
    May 16, 2025
    Learn how to Renew your Medical Card in West Virginia
    May 16, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Video: The Future of Medicine in Nigeria Depends on Radiology
    December 10, 2015
    A Guide to Implementing an Effective Healthcare Solution
    November 27, 2013
    4 Simple Steps For Solving The Real Cause Of Your Depression
    July 18, 2019
    Latest News
    Building Smarter Care Teams: Aligning Roles, Structure, and Clinical Expertise
    May 18, 2025
    The Critical Role of Healthcare in Personal Injury Recovery: A Comprehensive Guide for Victims
    May 14, 2025
    The Backbone of Successful Trials: Clinical Data Management
    April 28, 2025
    Advancing Your Healthcare Career through Education and Specialization
    April 16, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: What Does Medicare Cost in 2022?
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Health care > What Does Medicare Cost in 2022?
Health care

What Does Medicare Cost in 2022?

John Henning
Last updated: May 18, 2022 8:18 pm
John Henning
Share
8 Min Read
SHARE

People aged 65 or above and disabled individuals can receive coverage from Medicare plans. The plans also cover medical bills and several types of treatments for individuals struggling with renal diseases. However, a more important debate is over the real costs of Medicare in 2022. How much does it cost to have any type of Medicare coverage today?

Contents
Part A: Premium and Hospital Inpatient Deductible & CoinsurancePlan B: Premium and Hospital Inpatient Deductible & CoinsurancePart C: Medicare Premium and Other PlansPart D: Medicare Premium and Other PlansMedicare Supplement or Medigap PlanConclusion

A range of costs such as premiums, deductibles, coinsurance, and out-of-pocket cap needs to be considered for various parts of Medicare in 2022. As a result, it might be difficult to understand how much you should pay for your plan in some cases. To start with, you can try to use specialized tools that would explain how much Medicare costs in your case.

We gathered additional info for those who would like to know the exact cost of the parts of Medicare. Let’s begin with the first type of Medicare coverage, Part A (Hospital Insurance).

Part A: Premium and Hospital Inpatient Deductible & Coinsurance

Medicare Part A is premium-free only for legal residents and United States citizens who have paid enough Medicare taxes.     

More Read

patient communities
Patient Communities Are Integral to the Future of Healthcare
5 Trends That Matter In The Senior Care Industry Right Now
6 Tips for Taking Care of Your Mental Health When Working Abroad
What Is the Difference Between EMR and EMS?
5 Helpful Pointers For Muscle Relaxation And Sound Health

Specifically, it is free for those who have worked 10 years or over 40 quarters as part of the workforce in the US.

But in cases where Medicare Part A isn’t premium-free for enrollees, they can expect to pay the following costs in 2022:

  • $274 monthly premiums if the enrollee paid Medicare taxes for 30-39 quarters
  • $499 monthly premiums if the enrollee only paid Medicare taxes for 30 quarters or less

We must mention that if you are 65 years or older and only qualify for a paid Part A and choose to not apply for it (i.e., right when you become eligible), it can cost you in the form of a penalty (+10% on top of your monthly premium). On the other hand, the coverage structure of the inpatient deductible and coinsurance is different.

In case your primary healthcare provider orders you to get hospitalized, you will have to bear several costs based on the Medicare Part A coverage. Those costs will include:

  • Paying approximately $1,556 prior to hospitalization for a deductible
  • $389 per day after 60 days and until 90 days of hospitalization
  • $778 per day after 91 days and until 150 days of hospitalization
  • Full per day costs following 151 days of hospitalization

Also, make sure that the healthcare facility (i.e., place of hospitalization) accepts Medicare coverage as a form of payment on your medical bills. Otherwise, you will end up paying the full costs on a daily basis for your entire period of hospitalization.

Plan B: Premium and Hospital Inpatient Deductible & Coinsurance

In 2022, you can expect to pay premiums worth $170.10 every month for standard Medicare Part B premium coverage. Like most people, you will be paying the standard Part B premiums based on your income.

The rate of Medicare Part B premiums depends on the pre-modified gross income ranges shown on the IRS tax return files. If you fall in a certain range of gross income adjusted for tax return files, you will pay the set premium amount.

In general, the monthly premium amount can increase to $578.30, depending on your annual income. Additionally, the Part B deductible will cost $233 per year on standard conditions.

Based on the hospital inpatient deductible and coinsurance, enrollees have to pay approximately 20% of costs (Medicare-approved fees).

Part C: Medicare Premium and Other Plans

Medicare Part C or Medicare Advantage costs vary considerably based on your choice of a health insurance plan. The premiums can change dramatically depending on the terms and conditions of an insurance plan that you choose.

The average monthly amount that enrollees of Part C Premium pay is $33 in 2022. The hospital inpatient deductible, coinsurance, and deductibles will differ for every policy. That’s because Part C (or Medicare Advantage) offers primarily private health insurance coverage.

In simple words, you will find health insurance plans in Medicare Part C that cost $0 per month and some that cost hundreds of dollars per month. The price range of private health insurance in Medicare Advantage is extremely diverse. So, make sure you research well and plan your purchase accordingly. This premium is on top of your Part B monthly premium.

Part D: Medicare Premium and Other Plans

The costs of Medicare Part D or Medicare Prescription Drug Benefits coverage can cost individuals a different sum based on their yearly income and the type of insurance plan they choose. The standard premium amount for Medicare Part D is $42 per month.

The average drug deductibles can be around $344 or more, depending on your net yearly income. The Medicare Part D plan can increase the overall cost by introducing additional costs. Nevertheless, additional costs apply to your Part D plan only when you pass a certain yearly income threshold.

Generally, the additional costs apply to those with a yearly income of over $91,000 in 2022.

Medicare Supplement or Medigap Plan

You may know this Medicare plan as the “Medigap Plan” as well. It’s a health insurance product that private companies sell to cover any coverage gaps that the Original Medicare Plan leaves behind. In other words, Medicare Supplement covers the medical costs that the Original Medicare Plan doesn’t approve.

The Medicare Supplement plan has an average cost of $163 per month. The monthly cost can change depending on your state’s pricing structure and chosen policy.

Medigap plan has numerous coverage options governed by different policies. So, the pricing will vary for each type of Medigap plan coverage in 2022.

Conclusion

It is important that you try and find the right insurance plan for you. As you learn about the Medicare coverage costs and eligibility information, you can make better decisions regarding your future health insurance. It’s necessary to plan such things nowadays to age well and have a hassle-free retirement. Use all available tools like Hellahealth and numerous others to be informed! 

Share This Article
Facebook Copy Link Print
Share
By John Henning
John Henning is a nutritionist, freelance writer, and food blogger that provides accessible nutrition info to help people live a healthier life. His unique approach to nutrition emphasizes nutrient-dense, whole foods and healthy habits rather than restrictive diets.

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

stress impact your health
The Hidden Impact Of Stress On Your Body’s Alignment And Balance
Health Wellness
May 22, 2025
chewing better for health
Chewing Matters More Than You Think: Why Proper Chewing Supports Better Health
Dental health Health
May 22, 2025
Do You Grind Your Teeth at Night? Here’s How Night Guards and TMJ Treatments Can Help
Do You Grind Your Teeth at Night? Here’s How Night Guards and TMJ Treatments Can Help
Dental health
May 21, 2025
The Secret To A Confident Smile: Top Tips For Better Teeth
The Secret To A Confident Smile: Top Tips For Better Teeth
Dental health
May 21, 2025

You Might also Like

stress management for healthcare workers
Health care

Tips to Find Work-Life Balance in the Healthcare Profession

June 7, 2021
What To Do When You Discover A Patient Was Injured At Work
BusinessHealth care

What To Do When You Discover A Patient Was Injured At Work

April 29, 2018
Health careWellness

5 Reasons Why Very Few Adult Patients with Anxiety Disorders Receive Suitable Treatment

February 9, 2018
Health carePublic Health

The Alarming Reality of Prescription Drug Abuse

June 3, 2017
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?