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Medicare · Guide

Medicare Part B premium: what you pay, the deductible and income limits

Last updated 2026-10-24 · Reviewed against official sources · Editorial standards

Key takeaways

  • In 2026, the standard Part B premium is $202.90 a month and the yearly deductible is $283.
  • As of Oct. 24, 2026, CMS has not yet announced the 2027 amounts. Last year it announced them on Nov. 14, 2025.
  • If your income two years ago was over $109,000, or $218,000 for a joint return, you pay more each month.
  • The Part A hospital deductible is $1,736 for each benefit period in 2026.
  • State Medicare Savings Programs can pay the Part B premium for people with limited income and resources.

The Part B premium and deductible for 2026

The standard Part B premium for 2026 is $202.90 a month. It was $185.00 in 2025. You pay it every month, even if you do not use any Part B services. The deductible is $283 a year. After that, you usually pay 20 percent of the cost of each covered service. Original Medicare has no yearly limit on what you pay.

CMS has not announced the 2027 premium and deductible as of Oct. 24, 2026. The notices for 2023 through 2026 came out between late September and late November of the year before. We will not guess the new amounts.

Higher premiums for higher incomes (IRMAA)

Part B monthly premium by income, 2026 (based on your 2024 tax return)
Single filersJoint filersMonthly premium
$109,000 or less$218,000 or less$202.90
Over $109,000 up to $137,000Over $218,000 up to $274,000$284.10
Over $137,000 up to $171,000Over $274,000 up to $342,000$405.80
Over $171,000 up to $205,000Over $342,000 up to $410,000$527.50
Over $205,000 and under $500,000Over $410,000 and under $750,000$649.20
$500,000 or more$750,000 or more$689.90

This extra amount is called the income-related monthly adjustment amount, or IRMAA. Social Security uses the income on your tax return from 2 years before. If married and filing separate returns, you pay $649.20 above $109,000 and $689.90 at $391,000 or more. If your income dropped after a life-changing event, you can ask to lower it with form SSA-44. These events include marriage, divorce, a spouse's death, and stopping or cutting back work.

The late enrollment penalty

If you sign up late without a Special Enrollment Period, you pay 10 percent more for each full 12 months you went without Part B. Medicare's 2026 example: a 2-year delay adds 20 percent, so the premium becomes $243.50 a month.

Part A costs in 2026

Most people pay no Part A premium. Others pay $311 or $565 a month, based on work history. The hospital deductible is $1,736 for each benefit period. Days 61 to 90 cost $434 a day. Lifetime reserve days cost $868 a day. In a skilled nursing facility, days 21 to 100 cost $217 a day.

Help paying the premium

Help paying Part B in 2026: monthly income limits
ProgramWhat it paysOne personCouple
QMBPart A and B premiums, deductibles and coinsurance$1,350$1,824
SLMBPart B premium$1,616$2,184
QIPart B premium$1,816$2,455

The resource limit for all three is $9,950 for one person and $14,910 for a couple. Limits are a bit higher in Alaska and Hawaii, and some states set higher limits. QI must be renewed each year. You apply through your state. People in these programs also get Extra Help with drug costs. In 2026, Extra Help is for incomes up to $23,940 a year for one person, or $32,460 for a couple.

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Frequently asked questions

What is the Part B premium for 2027?

It has not been announced as of Oct. 24, 2026. The standard premium for 2026 is $202.90 a month. CMS usually announces the next year's amount in the fall.

Is the Part B premium taken from Social Security?

It can be. Social Security says signing up through it lets you have Medicare premiums withheld from your benefit payments.

What was the $90 Part B rebate?

CMS paid a one-time $90 rebate in October 2026 to certain people in Original Medicare Part B. It did not go to people in Medicare Advantage, people paying IRMAA or people whose premium Medicaid helps pay.

Which tax year sets my IRMAA?

Social Security generally uses your tax return from 2 years before. For 2026 premiums, that is your 2024 return.

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