Premium
A premium is the amount you pay for insurance coverage, usually each month. With Medicare, you may have premiums for Part B, Part D, a Medicare Advantage plan, or a Medigap policy. Premium amounts vary by plan and, for some parts, by income.
This is general education, not personalized advice, and plan details change every year. For all of your options, contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Assistance Program (SHIP) at shiphelp.org.