From MarketWatch.com: 10 things Medicare won’t tell you - MarketWatch
Somehow it does not give me a warm and fuzzy feeling about Medicare now:D
"Many people reach age 65 thinking Medicare is free, according to Baker, of the Medicare Rights Center. In reality, it’s anything but. Premiums for Part B (medical insurance for doctors’ visits and other outpatient expenses) are $104.90 monthly if a recipient’s annual income is $85,000 or less; beneficiaries pay on a sliding scale after that, with the highest monthly premium $335.70 for those with gross incomes above $214,000. Beneficiaries don’t pay a monthly premium for Part A (hospital insurance) if they paid Medicare taxes and earned 40 Social Security credits while working (people can earn a maximum of four credits a year; for 2013, $1,160 earns one credit). The average premium for Part D, or optional drug coverage, is around $30 per month."