Millions of older Americans get health benefits through Medicare. And while there are premiums to pay in order to secure that coverage, most seniors get a break when it comes to Part A.

Medicare Part A covers hospital care, including longer-term stays and skilled nursing facilities. Most enrollees aren't charged a premium for Part A, whereas in 2024, the standard monthly premium for Part B, which covers outpatient services, is $174.70.

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Source Fool.com