Official CMS Data

Medicare Costs 2026

Complete breakdown of Medicare Part A, Part B, Part D, IRMAA surcharges, and Medigap premiums for 2026. Updated with official CMS figures.

$202.90
Part B Monthly Premium
$1,736
Part A Hospital Deductible
$2,100
Part D OOP Cap

What Changed in 2026

Medicare costs increased across all major categories in 2026. Here's a quick snapshot of the year-over-year changes:

Cost Component 2025 2026 Change
Part B Standard Premium $185.00/mo $202.90/mo +$17.90/mo
Part B Annual Deductible $257 $283 +$26
Part A Hospital Deductible $1,676 $1,736 +$60
Part D OOP Cap $2,000 $2,100 +$100
Part D Base Premium $36.78/mo $38.99/mo +$2.21/mo
IRMAA Tier 1 Threshold (single) $106,000 $109,000 +$3,000

Medicare Part A Costs 2026

Part A covers inpatient hospital care, skilled nursing facility care, hospice, and home health. Most people pay $0 premium if they have 40+ work quarters.

Cost Type 2026 Amount
Premium (40+ quarters) $0/month
Premium (30–39 quarters) $311/month
Premium (<30 quarters) $566/month
Hospital Inpatient Deductible (per benefit period) $1,736
Coinsurance Days 1–60 $0/day
Coinsurance Days 61–90 $434/day
Lifetime Reserve Day Coinsurance $868/day
Skilled Nursing Days 1–20 $0/day
Skilled Nursing Days 21–100 $217.50/day
Full Part A Cost Details →

Medicare Part B Costs 2026

Part B covers doctor visits, outpatient care, preventive services, and durable medical equipment. The standard 2026 premium is $202.90/month — up $17.90 from 2025. Higher-income beneficiaries pay more via IRMAA.

2024 Income (Single) 2026 Monthly Premium
$109,000 or less $202.90
$109,001 – $137,000 $284.10
$137,001 – $163,000 $365.30
$163,001 – $183,000 $446.50
$183,001 – $500,000 $527.70
Over $500,000 $608.90
Annual deductible: $283 in 2026. After the deductible, you pay 20% of Medicare-approved costs for most Part B services.
Full Part B Cost Details →

Medicare Part D Costs 2026

Part D provides prescription drug coverage. A major 2026 improvement is the $2,100 out-of-pocket cap — once you reach this amount, your plan covers 100% of drug costs for the rest of the year.

Cost Component 2026 Amount
Base Beneficiary Premium $38.99/month
Average Plan Premium ~$34.50/month
Maximum Annual Deductible $615
Out-of-Pocket Cap (NEW) $2,100/year
Late Enrollment Penalty 1% per month × $38.99
Full Part D Cost Details →

IRMAA Brackets 2026

IRMAA (Income-Related Monthly Adjustment Amount) is an income-based surcharge on Part B and Part D premiums. It's based on your 2024 tax return (2-year lookback).

IRMAA applies if your 2024 MAGI exceeded: $109,000 (single filer) or $218,000 (married filing jointly).
2024 Income (Single) Part B Premium IRMAA Surcharge
≤$109,000 $202.90 $0
$109,001–$137,000 $284.10 +$81.20
$137,001–$163,000 $365.30 +$162.40
$163,001–$183,000 $446.50 +$243.60
$183,001–$500,000 $527.70 +$324.80
Over $500,000 $608.90 +$406.00
Full IRMAA Bracket Tables →

Medigap (Medicare Supplement) Costs 2026

Medigap plans help cover costs that Original Medicare doesn't pay, such as deductibles, copayments, and coinsurance. Eight plans are available to new enrollees in 2026: A, B, D, G, K, L, M, and N.

Plan Typical Monthly Range Key Benefit
Plan G (most popular) $100–$200/mo Most comprehensive coverage (new enrollees)
Plan N $80–$150/mo Lower premium, small copays
Plan K varies OOP limit $7,220/year
Plan L varies OOP limit $3,610/year
Plan A varies Basic hospital/coinsurance coverage
Plans C and F are no longer available to new Medicare enrollees (those who became eligible after January 1, 2020).
Full Medigap Plan Details →

Frequently Asked Questions

For most beneficiaries, Medicare costs in 2026 include: Part A: $0/month (free with 40+ work quarters), Part B: $202.90/month standard premium, and Part D: varies by plan (average ~$34.50/month). Total baseline cost is roughly $237.40/month before any Medigap coverage. Higher-income beneficiaries pay more through IRMAA surcharges.

The Part B premium increased from $185.00 to $202.90/month (+$17.90) in 2026, reflecting higher projected healthcare costs, increased utilization of services, and CMS's actuarial adjustments. The Part B deductible also rose from $257 to $283. These increases are set by CMS each fall and take effect January 1.

Yes, for most people. If you or your spouse worked and paid Medicare taxes for at least 40 quarters (10 years), you pay $0 per month for Part A. Those with 30–39 quarters pay $311/month, and those with fewer than 30 quarters pay $566/month. Note: even if the premium is free, you still pay the Part A deductible of $1,736 per benefit period when you're hospitalized.

IRMAA surcharges apply based on your 2024 Modified Adjusted Gross Income (MAGI). The thresholds for 2026 are: single filers with 2024 income above $109,000, married filing jointly above $218,000, and married filing separately above $109,000. If your income was close to a threshold, you may be able to appeal IRMAA if you had a life-changing event.

The Medicare Part D out-of-pocket cap in 2026 is $2,100. Once you reach this amount in covered drug costs, your Part D plan pays 100% for the rest of the calendar year. This represents an increase from the $2,000 cap introduced in 2025 under the Inflation Reduction Act, which eliminated the coverage gap ("donut hole").

Medigap is optional but valuable for many beneficiaries. Original Medicare (Parts A and B) has no out-of-pocket maximum, meaning a serious illness could cost thousands. Medigap plans like Plan G cover most cost-sharing, providing budget predictability. If you're healthy and don't use much medical care, you may prefer Medicare Advantage or accept the cost-sharing risk. Compare your expected healthcare usage against Medigap premiums.

Medicare Cost Calculators

Disclaimer: MedicareBudget provides Medicare cost calculators and educational information for informational purposes only. This is not medical advice, legal advice, or a substitute for licensed professional guidance. Medicare premiums, deductibles, and program details change annually — always verify current figures at Medicare.gov or call 1-800-MEDICARE (1-800-633-4227). Contact: contact@medicarebudget.net
Official 2026 CMS Data 🔒 No Personal Info Required 🆓 Free to Use 📅 Updated November 2025