Here's How Much Seniors Will Pay for Medicare in 2024

The annual Medicare open enrollment period runs until Dec. 7, so now is the time to explore your options to ensure you've got the best possible coverage for 2024. Price is obviously a major factor in the decision-making process, especially for those with chronic health problems. Below, we'll take a look at what you can expect to pay for original Medicare -- aka, Parts A and B -- in 2024.

Medicare Part A, also known as hospital insurance, covers inpatient stays at hospitals and skilled nursing facilities, as well as hospice and home healthcare. Most people don't pay a premium for Part A. If you qualify for Social Security benefits, you also qualify for premium-free Part A benefits.

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Source Fool.com