How Much Does Medicare Cost in 2026? Complete Breakdown

Part A Hospital Deductible

$1,736 per benefit period

This isn’t an annual deductible. More than one Part A deductible can potentially occur in a year because it applies by benefit period.

Hospital Coinsurance

Days 1–60: $0 after applicable deductible

Days 61–90: $434 per day

Lifetime reserve days: $868 per day

Skilled Nursing Facility Coinsurance

For qualifying Medicare-covered skilled nursing facility care:

Days 21–100: $217 per day in 2026

Medicare Part B Premium

Standard premium:

$202.90 per month

Higher-income beneficiaries may pay more because of IRMAA.

Medicare Part B Deductible

$283 per year

After the deductible, Original Medicare commonly pays 80% of the Medicare-approved amount for covered Part B services and you’re generally responsible for 20%, subject to Medicare rules.

Medicare Part D Costs

Part D costs vary by plan.

The maximum standard deductible permitted for a Medicare drug plan in 2026 is:

$615

Some plans have a lower deductible or no deductible.

2026 Part D Out-of-Pocket Cap

For covered Part D drugs, the 2026 annual out-of-pocket threshold is:

$2,100

Once qualifying out-of-pocket spending reaches that amount, catastrophic coverage applies under the Part D benefit.

What About Medigap?

If you choose Original Medicare, you may purchase a Medicare Supplement policy.

You pay a separate premium for the Medigap policy in exchange for help covering some of Original Medicare’s deductibles and coinsurance.

Premiums vary by:

• ZIP code
• Plan
• Insurance company
• Age/rating method where applicable
• Tobacco status where applicable
• Discounts
• Other state/carrier factors

What About Medicare Advantage?

Medicare Advantage plan premiums and cost sharing vary by plan.

Some plans have a $0 additional monthly plan premium, but you generally continue paying your Medicare Part B premium and can still have copayments, coinsurance and other expenses.

Higher Income Can Increase Medicare Costs

Higher-income beneficiaries can pay additional amounts for:

Medicare Part B

and

Medicare Part D

through the Income-Related Monthly Adjustment Amount, or IRMAA.

In 2026, IRMAA begins above modified adjusted gross income of:

$109,000 for individual filers

or

$218,000 for married couples filing jointly.