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 quarters (10 years) of working life and 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, you will have additional premium expenses (the premiums will also be based on the plan you're applying for, your age, and other factors).
    Answered on April 4, 2014
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