1. 11498 POINTS
    Jason Goldenzweig
    Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
    For most individuals, Medicare Part A will be premium-free. This happens if you've hit your 40 credits (working life/paying FICA taxes). If you don't hit this, the premium will be up to $426 per month.

    In 2014, Individuals with Medicare Part B will pay anywhere from the minimum $104.90 per month (this is most individuals), up to the maximum of $335.70 per month, depending on your income level (individuals with higher incomes pay a higher premium due to the high-income penalty on Part B premium calculations).

    So for those with only Parts A & B, the "average" person will likely be paying $104.90 per month between the two.

    If you want to add prescription drug coverage or a Medicare supplement plan to cover the gaps in Original Medicare (Part A & Part B), you will have additional premium expenses, however, it will help you create a much more predictable healthcare expense structure (the premiums will also be based on the plan you're applying for, your age, and other factors).
    Answered on April 5, 2014
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