Many people think Medicare is free and pays for everything once you are on it. We'll discuss the costs associated with Medicare including the Medicare monthly premium, as well as copays and coinsurance for Medicare A and B.

Key takeaways:

• Medicare - How much does it cost?
• Medicare Part A - hospitalization, what does it cover?
• Medicare Part B - Medical, what does it cover?
• Deductibles, copays, coinsurance
• What can I expect to pay?