What is a Premium? TopicsPopular TopicsMost Recent Medicare Working Past 65 Lifestyle & Wellness Considering Retirement Existing Clients A premium is the monthly amount you have to pay to keep your health care plan’s coverage active. Your plan’s premium may range in price from $0 a month and up, depending on the type of plan you have. While it is common for individuals to look at health plans with the lowest possible premium, we encourage our clients not to assume the lowest cost plan is the right option. Depending on the level of health care you require, a plan with a higher monthly premium and lower out of pocket expenses could end up saving you a lot of money. In addition to a premium, there are other costs to consider, like deductibles, copayments, and coinsurance. All of these costs should be evaluated as you decide what plan is going to meet your lifestyle and your needs. Working with a health insurance expert can help you forecast how these costs will impact your retirement health care budget. Find out how much you can expect to spend on your Original Medicare premiums here. Stay informed about Medicare An easy way to stay updated on Medicare and any important changes is to sign up for the free, customizable RetireMEDiQ newsletter. Based on your personal preferences and interests, helpful articles and community-related content will be sent directly to your inbox. Sign up for our newsletter Yes! Tell me more about Medicare and help me explore my options.Name First Email* Date of BirthMonth123456789101112Day12345678910111213141516171819202122232425262728293031Year202120202019201820172016201520142013201220112010200920082007200620052004200320022001200019991998199719961995199419931992199119901989198819871986198519841983198219811980197919781977197619751974197319721971197019691968196719661965196419631962196119601959195819571956195519541953195219511950194919481947194619451944194319421941194019391938193719361935193419331932193119301929192819271926192519241923192219211920Phone*By entering your information, you are authorizing RetireMEDiQ to communicate with you directly regarding Medicare news and health care coverage.vidhiddenCommentsThis field is for validation purposes and should be left unchanged.