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Costs

Premiums, deductibles, copays — plain-English breakdown.

Medicare has premiums, deductibles, copays, and coinsurance. What you pay depends on the parts you have, your income, and whether you add Medigap or choose Medicare Advantage.

Key points

  • Part A: usually no premium; has a per-hospital-stay deductible.
  • Part B: monthly premium plus annual deductible, then generally 20% of costs.
  • Part D and Advantage: premiums vary by plan.
  • Higher-income enrollees pay IRMAA surcharges on Part B and D.

Common questions

Next steps

IRMAA estimator →Late enrollment penalties →Extra Help →Ask about costs →

Related topics

Penalties

Late enrollment penalties for Part A, B, and D — how to avoid them.

IRMAA

Income-related monthly adjustment amounts for Part B and D.

Late Enrollment

What happens if you miss your window — and how to fix it.

Income Rules

How income affects what you pay for Medicare.

Educational only. This information is not personalized advice. For your specific situation, verify at Medicare.gov or speak with a licensed Medicare professional.