How much does Medicare cost in 2026?

Part A (hospital coverage) is premium-free for most people who worked at least 40 quarters; using it carries an inpatient deductible of $1,736 per benefit period in 2026. Part B (doctor and outpatient coverage) has a standard premium, meaning a monthly amount you pay, of $202.90 in 2026, plus a yearly deductible of $283. Part D (prescription drug coverage) varies by plan, with a national base premium of $38.99 in 2026, deductibles up to $615, and a yearly out-of-pocket cap of $2,100. Higher earners pay more for Part B and Part D through IRMAA, an income-based surcharge. Your total depends on the parts and plans you choose.