If you’re not new to Medicare, these changes are especially important to know, as they may affect your budget and any planning you may have done. If you’re new to Medicare, it’s important that you know the landscape. So, make note of what may affect you.

Part A

If you do not qualify for Part A, your hospital insurance part, you have premiums. For 2021, if you work between 30 and 39 quarters, your premium would be $259 per month. If you worked 29 or fewer quarters, your premium would be $471 per month.

If you’re on Original Medicare (these do not apply to Medicare Advantage plans), you have a $1,484 deductible per benefit period (read what a benefit period is here). Then your 20% coinsurance begins. There is no maximum-out-of-pocket (MOOP) limit for Original Medicare.

Below you’ll find the deductibles and coinsurances for Original Medicare Part A for 2021.