Question 1

Am I eligible for Medicare?

Accepted Answer

Most people become eligible for Medicare at age 65. You may qualify earlier if you receive Social Security Disability (SSDI) for 24+ months, or have been diagnosed with End-Stage Renal Disease (ESRD) or ALS.

Question 2

What are the four parts of Medicare?

Accepted Answer

Part A covers hospital/inpatient care, Part B covers outpatient/doctor visits, Part C (Medicare Advantage) is a private all-in-one alternative, and Part D covers prescription drugs.

Question 3

How much does Medicare cost in 2026?

Accepted Answer

The standard Part B premium is $202.90/month in 2026. The Part A deductible is $1,736 per benefit period. The Part B deductible is $283/year. Part D out-of-pocket costs are capped at $2,100/year.

Question 4

When can I enroll in Medicare?

Accepted Answer

Your Initial Enrollment Period is a 7-month window around your 65th birthday. Other periods include the General Enrollment Period (Jan 1-Mar 31), Special Enrollment Periods for life events, and the Annual Enrollment Period (Oct 15-Dec 7).

Question 5

What happens if I enroll in Medicare late?

Accepted Answer

Part B has a 10% premium penalty for every 12 months you delayed, lasting for life. Part D has a 1% penalty per month without creditable drug coverage, also lasting for life.