You may also have other out-of-pocket costs, including copayments, coinsurance and deductibles. The amount of the premium varies among Medicare Advantage plans. In some cases, you may also pay an additional premium to the insurance company that provides your Part C plan. What Medicare Part C costs: Once you have a Medicare Advantage plan, you continue to pay a monthly Part B premium to Medicare.But Medicare Advantage plans can also cover more. What Medicare Part C covers: All Medicare Part C, or Medicare Advantage, plans cover everything Original Medicare covers.But you can only sign up after you’ve enrolled in Parts A and B. This means that to get a Medicare Advantage plan, you have to sign up directly with the private insurer that offers the plan you want. You can then choose a Medicare Advantage plan that’s right for you. Before enrolling in a Medicare Advantage plan, you’ll need to sign up for both Part A and Part B. It’s made up of plans approved by Medicare that are offered through private insurance companies. Medicare Part C is also known as Medicare Advantage. Medicare Part A + Medicare Part B = Original Medicare And if your income exceeds a certain amount, you pay the premium plus an extra charge. This is called an Income Related Monthly Adjustment Amount (IRMAA). What Medicare Part B costs: Most people need to pay a monthly premium to maintain their Part B coverage. You also need to pay a deductible before Part B begins paying for services.Outpatient procedures (even if they occur at a hospital) What Medicare Part B covers: Doctor visits.Medicare Part B - Covering your doctor visits and beyond But you do need to pay deductibles before Medicare will cover any hospitalization costs. What Medicare Part A costs: You generally won’t have to pay a monthly premium for Medicare Part A if you or your spouse paid Medicare payroll taxes for 40 quarters or more. For example, skilled nursing care after you leave the hospital. It also covers some hospital-related care that takes place outside a hospital setting. It includes coverage for services like nursing care and hospital stays.
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