1. 255 POINTS
    Lee Cannefax
    Independent Agent / Broker / Advisor, Insphere Insurance Solution, Nashville Tennessee
    How much does Medicare cost is a tad subjective, but I'll try.
    You've paid in to Medicare throughout your working carrier so part "A" is picked covered. That's your inpatient care, some limitations apply.
    As soon as you retire and are not covered by private insurance or employer coverage, you'll be offered part "B" from SSI which covers 80% of your outpatient care, this year cost $99./ month, higher if you made a significant income.You also need your prescriptions or pdp. Drug cards start at about $10./ month this year increasing by what plan covers your needs.
    I just summarized Medicare as it is offered to beneficiaries.

    You could choose a Medicare supplemental plan. choose the one that best suits your needs. A benefit rich plan could run about $150/mo but would include the part B cost mentioned above. Still need that pdp card.

    You could choose a Medicare Advantage plan that tire all your needs into one policy and could cost you $0- $100. / month depending on your location and options you choose.

    Lastly, you can learn much by going to www.medicare.gov  and reading for your self. Medicare Insurance agents are there to assist you and are compensated by insurance companies to help you select and enroll.

    I hope this has been helpful
    Answered on May 13, 2013
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