What Is Medicare Going To Cost Me?
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2 responses to “What Is Medicare Going To Cost Me?”
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In California teachers generally are a part of California State Retirement System and are exempt from social security. The result is that they come to retirement often without the necessary quarters to qualify for Medicare. If a person does not qualify for Medicare they must still enroll and they are then billed on a quarterly basis. If such a person desires, the billing can be done through automatic monthly withdrawals.
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Most people will receive Medicare Part A at no charge. If you have worked in the Social Security system at least 40 quarters you have prepaid for your Part A coverage.
Part B is optional (but highly recommended) and current runs $105 per month for most people. Your Part B premium is usually deducted from your Social Security check.
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