How much you spend on Medicare depends on your income and the parts of Medicare you enroll in. Medicare costs also change slightly each year.
Medicare costs include monthly premiums, annual or benefit period deductibles, and coinsurance for medical services you receive.
Your costs may vary slightly depending on the specific parts of Medicare you enroll in and whether you participate in a Part C (Medicare Advantage) plan.
You may also have to pay excess charges if you receive care from a facility that does not accept Medicare or charges more than the amount Medicare covers for specific services.
Keep reading to learn what you’ll pay for Medicare in 2025 and how you can reduce your costs.
Medicare Part A (hospital insurance) covers healthcare costs like:
- inpatient hospital stays
- skilled nursing facility stays
- home healthcare and hospice
Medicare Part A costs in 2025 include:
| Part A costs | 2025 rates |
|---|---|
| deductible per benefit period | $1,676 |
| hospital coinsurance days 1 to 60 | $0 |
| hospital coinsurance days 61 to 90 | $419 |
| hospital coinsurance days 91 to 150 (after day 150, you pay all costs) | $838 |
| skilled nursing facility coinsurance days 1 to 20 | $0 |
| skilled nursing facility coinsurance days 21 to 100 | $209.50 |
| skilled nursing facility coinsurance day 101 and beyond | you pay all costs |
Medicare Part B (medical insurance) covers outpatient medical care, including doctor and specialist appointments and durable medical equipment.
Medicare Part B costs in 2025 include:
| Part B costs | 2025 rates |
|---|---|
| standard monthly premium | $185 |
| annual deductible | $257 |
| coinsurance | 20% of the Medicare-approved amount |
If you receive a service from a healthcare facility that does not accept assignment, or the Medicare-approved amount for that service, you may be responsible for excess charges in addition to your coinsurance cost.
Excess charges typically amount to 15% beyond what Medicare pays. This amount does not count toward your deductible.
Medicare Advantage (Part C) plans provide coverage through a private health insurance provider. This coverage must cover at least as much as Original Medicare (parts A and B). Some plans may also cover additional services that Original Medicare does not cover.
The cost of Part C plans varies by provider, plan, and how much coverage you have. You’ll need to check with your Part C provider for the 2025 premium rates and out-of-pocket maximum.
Once you reach your out-of-pocket maximum with a Medicare Part C plan, your insurer pays 100% of your costs for the rest of the year.
Use this simple Medicare tool to compare Medicare plans in your area.
Medicare Part D (prescription drug coverage) plans provide coverage through a private health insurance provider.
The cost of Part D plans varies by provider, plan, and pharmacy. Check with your Part D provider for the 2025 premium and coinsurance costs.
Medigap (Medicare supplement insurance) is a set of plans available through private providers to cover costs associated with Medicare coverage, such as coinsurance fees.
The cost of Medigap plans in 2025 varies based on factors such as age, location, gender, and tobacco use, as well as the type of plan chosen. Each company determines individual premiums based on these factors. This is why comparing plans and prices is important when choosing your Medigap provider.
Premiums generally range from about $100 to over $300 per month, depending on the plan’s coverage level and the insurer. Plans with higher premiums, like Plan G, typically have fewer out-of-pocket costs, while cost-sharing options like Plan K or L have lower premiums but require more expenses during care.
Medigap plans C and F are not available for purchase by people who became eligible for Medicare on or after January 1, 2020.
Enrolling in Medicare during your initial enrollment period can help you avoid late enrollment penalties, which may raise your monthly costs.
When possible, you can lower your Medicare costs with one of the following programs:
- Manage your prescription drug costs by switching to a generic drug when possible.
- Apply for Extra Help, an assistance program for prescription drug coverage.
- Apply for copay relief or financial aid help from the Patient Advocate Foundation.
- Find out whether you qualify for Medicaid, a joint federal and state program that helps pay for medical costs.
- Apply for Medicare Savings Programs like the Qualified Medicare Beneficiary (QMB) Program or the Specified Low-Income Medicare Beneficiary (SLMB) Program. These are state-level discount programs for people with Medicare who meet a certain income limit.
Medicare costs change from year to year. What you pay also depends on which Medicare plans you enroll in.
Medicare has several discount and assistance programs available to help reduce Medicare costs.
Qualifying for these programs is based on several factors, including where you live, your income, if you have a disability, and the insurance provider you choose.