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Your Monthly Premiums for Medicare

:: Part A (Hospital) Monthly Premium
:: Medicare Part A Late Enrollment Penalty
:: Part B (Medical) Monthly Premium
:: Medicare Part B Late Enrollment Penalty
:: Part C (Medicare Advantage) Monthly Premium
:: Part D (Medicare Prescription Drug Plan) Monthly Premium

Part A (Hospital) Monthly Premium

You usually don’t pay a monthly Premium for Part A coverage if you or your spouse paid Medicare taxes while working.

If you aren’t eligible for premium-free Part A, you may be able to buy Part A if you meet one of the following conditions:
  • You’re 65 or older, and you have (or are enrolling in) Part B and meet the citizenship and residency requirements.
  • You’re under 65, disabled, and your premium-free Part A coverage ended because you returned to work. (If you’re under 65 and disabled, you can continue to get premium-free Part A for up to 8 1/2 years after you return to work.)


The chart below shows the annual Part A deductible and the Part A monthly premium for people who do not qualify for premium-free Part A.

Medicare Part A Premium and Part A Deductible
Year Premium Deductible
2015 $407 $1,260
2014 $426 $1,216
2013 $441 $1,184
2012 $451 $1,156
2011 $450 $1,132
2010 $461 $1,100
2009 $443 $1,068
2008 $423 $1,024
2007 $410 $992

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Medicare Part A Late Enrollment Penalty

If you aren’t eligible for premium-free Part A, and you don’t buy it when you’re first eligible, your monthly premium may go up 10%. You will have to pay the higher premium for twice the number of years you could have had Part A, but didn’t sign-up. For example, if you were eligible for Part A for 2 years but didn’t sign-up, you will have to pay the higher premium for 4 years. Usually, you don’t have to pay a penalty if you meet certain conditions that allow you to sign up for Part A during a Special Enrollment Period. If you aren’t eligible for premium-free Part A, and you don’t buy it when you’re first eligible, your monthly premium may go up 10%. You will have to pay the higher premium for twice the number of years you could have had Part A, but didn’t sign-up. For example, if you were eligible for Part A for 2 years but didn’t sign-up, you will have to pay the higher premium for 4 years. Usually, you don’t have to pay a penalty if you meet certain conditions that allow you to sign up for Part A during a Special Enrollment Period. Read more under Medicare Part A Special Enrollment Period.


Part B (Medical) Monthly Premium

How Much Does Part B Coverage Cost? You pay the Part B premium each month. Most people will pay up to the standard premium amount. However, if your modified adjusted gross income as reported on your IRS tax return from 2 years ago (the most recent tax return information provided to Social Security by the IRS) is above a certain amount (see chart below), you may pay more. This is called the income related monthly adjustment amount (IRMAA).

Your modified adjusted gross income is your adjusted gross income plus your tax exempt interest income. Each year, Social Security will notify you if you have to pay more than the standard premium. The amount you pay can change each year depending on your income. If you have to pay a higher amount for your Part B premium and you disagree, You can appeal the IRMAA.

Ways to Pay If you get Social Security, RRB, or Civil Service benefits, your Part B premium will get deducted from your benefit payment. If you don’t get these benefit payments and choose to sign up for Part B, you will get a bill. If you choose to buy Part A, you will always get a bill for your premium. You can mail your premium payments to the Medicare Premium Collection Center, P.O. Box 790355, St. Louis, Missouri 63179-0355. If you get a bill from the RRB, mail your premium payments to RRB, Medicare Premium Payments, P.O. Box 9024, St. Louis, Missouri 63197-9024.


Medicare Part B Late Enrollment Penalty

If you don’t sign up for Part B when you’re first eligible, you may have to pay a late enrollment penalty for as long as you have Medicare. Your monthly premium for Part B may go up 10% for each full 12-month period that you could have had Part B, but didn’t sign up for it. Usually, you don’t pay a late enrollment penalty if you meet certain conditions that allow you to sign up for Part B during a special enrollment period.

Example: Mr. Smith’s initial enrollment period ended September 30, 2011. He waited to sign up for Part B until the General Enrollment Period in March 2014. His Part B premium penalty is 20%. (While Mr. Smith waited a total of 30 months to sign up, this included only two full 12-month periods.)


Part B (Medical) Monthly Premium Charts

2014 & 2015 Part B Premium
Slightly higher Income Related Medicare Adjustment Amounts (IRMAA) in 2015
Click here for more information on the 2014 IRMAA
The 2014 & 2015 Medicare Part B annual deductible remains $147 (unchanged from 2013).

If Your Yearly Income Is You Pay
File Individual Tax Return File Joint Tax Return  
$85,000 or below $170,000 or below $104.90*
$85,001 - $107,000 $170,000 - $214,000 $146.90*
$107,001 - $160,000 $214,000 - $320,000 $209.80*
$160,001 - $214,000 $320,000 - $428,000 $272.70*
above $214,000 above $428,000 $335.70*


2013 Part B Premium
Click here for more information on the 2013 Part A/B premiums and deductibles
The 2013 Medicare Part B annual deductible is $147.

If Your Yearly Income Is You Pay
File Individual Tax Return File Joint Tax Return  
$85,000 or below $170,000 or below $104.90*
$85,001 - $107,000 $170,000 - $214,000 $146.90*
$107,001 - $160,000 $214,000 - $320,000 $209.80*
$160,001 - $214,000 $320,000 - $428,000 $272.70*
above $214,000 above $428,000 $335.70*


2012 Part B Premium
Click here for the CMS Press Release on 2012 Part A/B premiums and deductibles
The 2012 Medicare Part B annual deductible is $140.

If Your Yearly Income Is You Pay
File Individual Tax Return File Joint Tax Return  
$85,000 or below $170,000 or below $99.90*
$85,001 - $107,000 $170,001 - $214,000 $139.90*
$107,001 - $160,000 $214,001 - $320,000 $199.80*
$160,001 - $213,000 $320,001 - $426,000 $259.70*
above $213,000 above $426,000 $319.70*


2011 Part B Premium
Click here for the CMS Press Release on 2011 Part A/B premiums and deductibles
The 2011 Medicare Part B annual deductible is $162.

If Your Yearly Income is  
File Individual Tax Return File Joint Tax Return You pay
$85,000 or below $170,000 or below $161.50*
$85,001 - $107,000 $170,001 - $214,000 $134.90*
$107,001 - $160,000 $214,001 - $320,000 $230.70*
$160,001 - $213,000 $320,001 - $426,000 $299.90*
above $213,000 above $426,000 $369.10*


2010 Part B Premium
Click here for the CMS Press Release on 2010 Part A/B premiums and deductibles
The 2010 Medicare Part B annual deductible is $155.

If Your Yearly Income is  
File Individual Tax Return File Joint Tax Return You pay
$85,000 or below $170,000 or below $96.40 to
$110.50*
$85,001 - $107,000 $170,001 - $214,000 $154.70*
$107,001 - $160,000 $214,001 - $320,000 $221.00*
$160,001 - $214,000 $320,001 - $428,000 $287.30*
above $214,000 above $428,000 $353.60*


2009 Part B Premium
The 2009 Medicare Part B annual deductible is $135.

If Your Yearly Income is  
File Individual Tax Return File Joint Tax Return You pay
$85,000 or below $170,000 or below $96.40*
$85,001 - $107,000 $170,001 - $214,000 $134.90*
$107,001 - $160,000 $214,001 - $320,000 $192.70*
$160,001 - $213,000 $320,001 - $426,000 $250.50*
above $213,000 above $426,000 $308.30*


2008 Part B Premium
The 2008 Medicare Part B annual deductible is $135.

If Your Yearly Income is  
File Individual Tax Return File Joint Tax Return You pay
$82,000 or less $164,000 or less $96.40*
$82,001-$102,000 $164,001-$204,000 $122.20*
$102,001-$153,000 $204,001-$306,000 $160.90*
$153,001 - $205,000 $306,001 - $410,000 $199.70*
Above $205,000 Above $410,000 $238.40*


2007 Part B Premium
The 2007 Medicare Part B annual deductible is $131.

If Your Yearly Income is  
File Individual Tax Return File Joint Tax Return You pay
$80,000 or less $160,000 or less $93.50*
$80,001-$100,000 $160,001-$200,000 $105.80*
$100,001-$150,000 $200,001-$300,000 $124.40*
$150,001 - $200,000 $300,001 - $400,000 $142.90*
Above $200,000 Above $400,000 $161.40*

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Part C (Medicare Advantage) Monthly Premium

Actual plan premiums for Medicare Part C (Medicare Advantage) are available on www.medicare.gov on the web, or from the plan. You also pay the Part B premium* (and Part A if you don't get it premium-free), An extra premium may be charged for extra benefits.

Q1Medicare.com also offers a tool to compare Medicare Advantage plans (MA-Finder) at: http://www.q1medicare.com/PartD-SearchMA-MedicarePartDPlanFinder.php or you can browse by state and county at http://www.q1medicare.com/MedicareAdvantage-PartCHealthPlanMAPDStateOverview.php.


Part D (Medicare Prescription Drug Plan) Monthly Premium

Actual plan premiums* for Medicare Prescription Drug Plan (Part D) are available on www.medicare.gov on the web, or from the plan. You also pay the Part B premium (and Part A if you don't get it premium-free), or an amount for your Part D coverage is added to your Part C premium.

:: Use our 2015 Part D Plan Finder to See Plan Features and Premiums in Your State
:: Use our 2014/2015 Part D Plan Finder Comparison to See How Plans Have Changed

*If you pay a late-enrollment Penalty, this amount is higher.

(Primary Source: Centers for Medicare and Medicaid Services - Medicare and You Handbook. This content may have been added upon by Q1Group LLC to include further examples, explanations, and links.)
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Tips & Disclaimers
  • The Medicare Advantage and Medicare Part D prescription drug plan data on our site comes directly from Medicare and is subject to change.
  • Medicare has neither reviewed nor endorsed the information on our site.
  • We provide our Q1Medicare.com site for educational purposes and strive to present unbiased and accurate information. However, Q1Medicare is not intended as a substitute for your lawyer, doctor, healthcare provider, financial advisor, or pharmacist. For more information on your Medicare coverage, please be sure to seek legal, medical, pharmaceutical, or financial advice from a licensed professional or telephone Medicare at 1-800-633-4227.
  • Benefits, formulary, pharmacy network, provider network, premium and/or co-payments/co-insurance may change on January 1 of each year. Our PDP-Compare.com and MA-Compare.com provide highlights of annual plan benefit changes.
  • The benefit information provided is a brief summary, not a complete description of benefits. For more information contact the plan.
  • Limitations, copayments, and restrictions may apply.
  • We make every effort to show all available Medicare Part D or Medicare Advantage plans in your service area. However, since our data is provided by Medicare, it is possible that this may not be a complete listing of plans available in your service area. For a complete listing please contact 1-800-MEDICARE (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult www.medicare.gov.
  • When enrolling in a Medicare Advantage plan, you must continue to pay your Medicare Part B premium.
  • Medicare beneficiaries with higher incomes may be required to pay both a Medicare Part B and Medicare Part D Income Related Monthly Adjustment Amount (IRMAA). Read more on IRMAA.
  • Medicare Advantage plans that include prescription drug coverage (MAPDs) are considered Medicare Part D plans and members with higher incomes may be subject to the Medicare Part D Income Related Monthly Adjustment Amount (IRMAA), just as members in stand-alone Part D plans. In certain situations, you can appeal IRMAA.
  • You must be enrolled in both Medicare Part A and Part B to enroll in a Medicare Advantage plan. Members may enroll in a Medicare Advantage plan only during specific times of the year. Contact the Medicare plan for more information.
  • If you are enrolled in a Medicare plan with Part D prescription drug coverage, you may be eligible for financial Extra Help to assist with the payment of your prescription drug premiums and drug purchases. To see if you qualify for Extra Help, call: 1-800-MEDICARE (1-800-633-4227). TTY users should call 1-877-486-2048, 24 hours a day/ 7 days a week or consult www.medicare.gov; the Social Security Office at 1-800-772-1213 between 7 a.m. and 7 p.m., Monday through Friday. TTY users should call, 1-800-325-0778; or your state Medicaid Office.
  • Medicare evaluates plans based on a 5-Star rating system. Star Ratings are calculated each year and may change from one year to the next.
  • A Medicare Advantage Private Fee-for-Service plan (PFFS) is not a Medicare supplement plan. Providers who do not contract with the plan are not required to see you except in an emergency.
  • Disclaimer for Institutional Special Needs Plan (SNP): This plan is available to anyone with Medicare who meets the Skilled Nursing Facility (SNF) level of care and resides in a nursing home.
  • Disclaimer for Dual Eligible (Medicare/Medicaid) Special Needs Plan (SNP): This plan is available to anyone who has both Medical Assistance from the State and Medicare. Premiums, co-pays, co-insurance, and deductibles may vary based on the level of Extra Help you receive. Please contact the plan for further details.
  • Disclaimer for Chronic Condition Special Needs Plan (SNP): This plan is available to anyone with Medicare who has been diagnosed with the plan specific Chronic Condition.
  • Medicare MSA Plans combine a high deductible Medicare Advantage Plan and a trust or custodial savings account (as defined and/or approved by the IRS). The plan deposits money from Medicare into the account. You can use this money to pay for your health care costs, but only Medicare-covered expenses count toward your deductible. The amount deposited is usually less than your deductible amount, so you generally have to pay out-of-pocket before your coverage begins.
  • Medicare MSA Plans do not cover prescription drugs. If you join a Medicare MSA Plan, you can also join any separate (stand-alone) Medicare Part D prescription drug plan
  • There are additional restrictions to join an MSA plan, and enrollment is generally for a full calendar year unless you meet certain exceptions. Those who disenroll during the calendar year will owe a portion of the account deposit back to the plan. Contact the plan provider for additional information.
  • Medicare beneficiaries may enroll through the CMS Medicare Online Enrollment Center located at www.medicare.gov.
  • Medicare beneficiaries can file a complaint with the Centers for Medicare & Medicaid Services by calling 1-800-MEDICARE 24 hours a day/7 days or using the medicare.gov site. Beneficiaries can appoint a representative by submitting CMS Form-1696.


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