What Does Medicare Cost Per Year? 
The 2 basic parts of Medicare are part A and part B . If you work 40 quarters -LRB- 10yrs -RRB- part A is paid for , if you have to pay for part A it would cost $ 441 a month while Part B costs $ 104.90 a month and a $ 147 yearly deductible . Part A is the hospitalization portionand it pays 80 % and you are responsible for 20 % . Part B is the outpatient portion -LRB- Dr. Visits -RRB- The minimum yearly cost would be $ 1,259 a year and part B premium goes up if you make over $ 85,000 a year individual $ 170,000 jointly . This is a simplified explanation but should give you a solid foundation . 