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Nearly every employee, even those who don't pay into SS, pays into Medicare. For that, currently at age 66, s/he can sign up for Medicare Part A, which helps pay for hospital bills., and not will have to pay any premiums when s/he retires.

However, in order to get Part B, which covers most other medical care and equipment, or part D, which handles prescription drugs, one has to pay a monthly premium. The premiums for Part B are around $104/month; Part D premiums vary, depending on the company you go with, from $18 to $40/month.

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12y ago

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