Medicare Supplement

Cutting Edge Insurance Agency LLC

Medicare Supplemental Insurance

I'm here to help educate you about Medicare and the choices you have heading into retirement. Medicare Supplemental Insurance is there to fill in the gaps between what Medicare provides you as a benefit and your pocketbook. Insurance choices are not easy to understand. I believe when choosing your Medicare Supplemental, you will want a plan you want to "own," not "rent," as depending on your healthcare story, you may not be able to change plans after your initial enrollment.

Everyone's desires or needs are different. What may be right for your neighbor may not be right for you. It is my goal to lay a foundation of understanding for you as you make your own choices regarding your healthcare and KNOW why you made the choices you did.

Helping YOU is my passion!

2021 Medicare Costs at A Glance

  • Part A Premium

    Most people don't pay a monthly premium for Part A (sometimes called "premium-free Part A"). If you buy Part A, you'll pay up to $471 each month in 2021. If you paid Medicare taxes for less than 30 quarters, the standard Part A premium is $471. If you paid Medicare taxes for 30-39 quarters, the standard Part A premium is $259.

  • Part A hospital inpatient deductible and coinsurance

    You pay:

    • $1,484 deductible for each benefit period
    • Days 1-60: $0 coinsurance for each benefit period
    • Days 61-90: $371 coinsurance per day of each benefit period
    • Days 91 and beyond: $742 coinsurance per each "lifetime reserve day" after day 90 for each benefit period (up to 60 days over your lifetime)
    • Beyond lifetime reserve days: all costs
  • Part B Premium

    The standard Part B premium amount is $148.50 (or higher depending on your income).

  • Part B Deductible and Coinsurance

    $203. After your deductible is met, you typically pay 20% of the
    Medicare-Approved Amount for most doctor services (including most doctor services while you're a hospital inpatient), outpatient therapy, and durable medical equipment (dme)

  • Part C Premium

    The Part C monthly premium varies by plan. Compare costs for specific Part C plans.

  • Part D Premium

    The Part D monthly premium varies by plan (higher-income consumers may pay more). Compare costs for specific Part D plans