Medicare Learning Center
How Much Does Medicare Cost in 2026?
Most people pay $0 for Part A and $202.90/month for Part B. The Part A hospital deductible is $1,736 per benefit period, and the Part B annual deductible is $283. New for 2026: Part D prescription drugs now have a $2,100 annual out-of-pocket cap. Here's every Medicare cost broken down.
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What Does Original Medicare Cost?
Original Medicare (Parts A and B) is the foundation of your coverage. According to CMS, these are the official 2026 costs set by the federal government.
Part A (Hospital)
- • Premium: $0 for most people (with 40+ quarters of work)
- • Deductible: $1,736 per benefit period
- • Days 1 to 60: $0 coinsurance
- • Days 61 to 90: $434/day coinsurance
- • Days 91+: $868/day (lifetime reserve days)
Part B (Medical)
- • Premium: $202.90/month (standard 2026)
- • Deductible: $283/year
- • After deductible: 20% coinsurance with no cap
- • No out-of-pocket maximum on Original Medicare
- • IRMAA surcharge for incomes above $106,000
How Much Do Medicare Supplement, Advantage, and Part D Plans Cost?
Medicare Supplement (Plan G)
$97 to $568/mo in NE
Most popular plan. Covers almost everything Original Medicare doesn't. Nebraska range for age 65 non-smoker. Nationally ~$80 to $500+.
Medicare Advantage
$0 to $50/mo
Lower premiums but higher costs when you use care. Out-of-pocket max up to $8,300/year in 2026.
Part D Drug Plan
$0 to $100+/mo
Costs vary based on medications. Average ~$35/month. New $2,100 annual out-of-pocket cap for 2026.
Nebraska Medigap ranges from NE DOI, EZ.Insure, AHI state guides. Other costs from CMS.gov
What Is IRMAA and Do You Have to Pay It?
Income-Related Monthly Adjustment Amount (IRMAA) is a surcharge added to your Part B and Part D premiums if your income exceeds certain thresholds. It's based on your tax return from two years ago (2024 income for 2026 premiums).
For 2026, if your modified adjusted gross income is above $106,000 (single) or $212,000 (married filing jointly), you'll pay higher premiums. The surcharge increases in tiers up to about $594/month for Part B alone. According to SSA, about 7% of Medicare beneficiaries pay IRMAA.
Important: If your income has dropped since the tax year being used (due to retirement, job loss, divorce, etc.), you can file a life-changing event appeal with Social Security (Form SSA-44) to have your IRMAA reduced or eliminated.
Frequently Asked Questions About Medicare Costs
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