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Is Medicare Part A Totally Free?

Medicare Part A is one of the most important parts of the Medicare program. It covers inpatient hospital care, including critical access hospitals, skilled nursing facilities, and home health care. But is it totally free?

Medicare Part A is premium-free for most. It is free as long as you or a spouse paid into social security for 40 quarters or 10 years or more. Medicare doesn’t cover 100% of the bill. When you have Medicare Part A, there are deductibles, copays, and coinsurances you are responsible for.

Medicare is a complicated topic. Seniors often ask whether or not Medicare Part A (hospital coverage) is free. I want to help you answer this question and give you some tips on saving money while using your Medicare plan. Let’s take a closer look.

Four General Parts of Medicare

Here’s the first part of my four-part basics of Medicare blogs. This blog is going to include the information you need to know on the four parts of Medicare. Parts A, B, C, and the very confusing Part D prescription plans. Many new Medicare beneficiaries are being bombarded by mail solicitations, illegal telephone calls from out-of-country telemarketers. Once you find someone to talk to, they’re always telling you, you need to buy right now to lock in your price. That’s all a bunch of hogwash. You know when you act too fast. Without all the info is when mistakes are made. Therefore, do me a favor and take all of the mail you’ve been getting and all of the pieces of info you’ve been getting about medicare that may or may not be true and put them to the side.

What we’ll do by the end of this quick and easy four-part Medicare basics blog is you will be able to throw all that mail away. By the way, we call that mail the stack of confusion. That’s what it ends up doing. At the end of this blog, you will have learned the basics of Medicare that you need to know.  

Medicare Basics

The first thing to do is educate you on the basics of Medicare way before we start talking about if you need or even don’t need to purchase various products that supplement Medicare. Ok, let’s get into this and start talking about Is Medicare Part A Free? and this will go quickly. 

Here you’ll see an excerpt from the official Medicare document titled Medicare and You. You receive this every year in the mail. You can see that Medicare Part A is called hospital insurance. It helps cover: 

  • Inpatient care in hospitals
  • Skilled Nursing facility care
  • Hospice care
  • Home Health Care
is medicare part a free
is medicare part a free

For example, It covers:

  • semi-private rooms
  • meals
  • general nursing
  • drugs 
  • other hospital services and supplies as part of your inpatient treatment.

Does Medicare Part B Cover 80%?

Here’s an essential statement that comes from the Medicare and You handbook. It states, “If you also have Part B, it generally covers 80% of the Medicare-approved amount for doctor’s services you get while you’re in a hospital.” That is saying that if you’re in the hospital and getting services, if you don’t have Medicare Part B, and I will cover Part B more in-depth in the next blog, you’ll be responsible for 100% of doctor services incur.

is medicare part a free
is medicare part a free

How Expensive is Medicare Part A?

is medicare part a free
is medicare part a free

The first thing people want to know about Medicare Part A is how much does it cost. And for almost everyone reading this blog Part A is premium free. It is $0 per month as long as you or a spouse paid into social security for 40 quarters or 10 years or more. If you didn’t qualify, give me a call, and we can discuss your specific case. So as you know, Medicare doesn’t cover 100% of the bill. When you have Medicare Part A, there are deductibles, copays, and coinsurances you are responsible for. As a side note, every cost I am about to outline can be covered when you purchase a Medicare Supplement policy, also known as a Medigap policy. I also have a blog devoted to Medicare Supplements.

What is the Expected Increase in Medicare for 2021?  

  • If you’re reading this after 2021 the cost is very likely to be higher. 
  • In 2021 the deductible is $1,484. This covers you for each benefit period which lasts 60 days. 
  • If you’re in the hospital for over 60 days, you’re responsible to pay $371 per day for days 61 through 90 of your stay. 
  • For hospital stays lasting longer than 90 days, you are responsible to pay $742 a day until you exhaust your 60 additional lifetime reserve hospital days. 

But if you have the right Medicare Supplement or Medigap plan, you don’t have to worry about paying these costs.  

How Much Does a Skilled Nursing Facility Cost?

The next set of costs you could be responsible for is going into a skilled nursing facility. Now there is a maximum benefit of 100 days coverage per benefit period. Fortunately, the first 20 days come with a $0 coinsurance payment. However, for stays lasting longer than 20 days, you are responsible for coinsurance of $185.50 per day. If you exhaust all 100 days, you’d be responsible for $14,840. But again, if you get the right Medicare Supplement plan, the plan can pay those costs.

The reason this blog has four parts is simply that there are four parts of Medicare. And they simply part A, B, C, and D. There is a lot more to Medicare than just the parts. Like what privates companies offer in the way Medicare Supplements, Medicare Advantage, and Part D Drug Plans. Also, we need to discuss optional coverage for dental, vision, and hearing services to help cover where Medicare doesn’t. But those are for different blogs.  

Conclusion — Is Medicare Part A Free? Know The True High Costs

I hope you found the information in this blog post about Medicare Part A free to be helpful. If you have any questions, please feel free to contact me at 800-910-3382 or email us anytime. I’m happy to answer your questions and help you understand more about how Medicare works!

About The Author — Christopher Duncan

I’m Chris Duncan, owner of Trusted Benefits Direct. As your Medicare advisor, I want you to know that my business offers superior solutions for everyone. I do not work for insurance companies, which allows me to serve you at a high level without any hidden agendas or conflicts of interest. All resources are provided at no cost because people must find peace of mind when looking ahead years down the line.

As an insurance agent, it’s my goal to make your life easier. That includes the process of securing all types of coverage for you and your loved ones, including Medicare Supplements, Medicare Advantage, Medicare Part D, Final Expense life insurance services, and retirement security plans. You can reach me toll-free at 800-910-3382 or get a free quote on MedicareRateQuote.com with just a few clicks! Don’t forget that I also offer contact forms if you would like more information from trustedbenefitsdirect.com – click here now!

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