Questions & answers · Health insurance
How much does Medicare Part B cost me each month and each year?
Health insuranceBuying a policyChecked Nov 6, 2026
From K.Actuary, founded by Sangmin Kwon, ASA · sources checked 2026-11-06 · Source: Medicare.gov View original ↗
In short
- In 2026 the Part B premium is $202.90 a month, or more with a higher income.
- You also pay a $283 deductible each year.
- After that you usually pay 20% of covered services.
What this means
Medicare.gov lists the 2026 Part B costs. The premium is $202.90 a month, or more if your income is higher [1]. You pay it every month, even if you get no Part B services [1].
The yearly deductible is $283. You pay it once a year before Original Medicare starts to pay [1]. After that, you usually pay 20% of the cost of each covered service. This holds if your provider accepts the Medicare-approved amount as full payment. Medicare calls this accepting assignment [1].
Your next step
Ask your doctor's office whether it accepts assignment before you book. If your income is high, your premium can be more than $202.90. The sources here do not show the income table, so your exact premium is "Don't know yet". The sources give no deadline.
Check it yourself
Open Medicare.gov, Costs, at https://www.medicare.gov/basics/costs/medicare-costs and read the part quoted above. Your own plan or policy papers hold details these sources do not give: "Don't know yet" for your case.
Where this comes from (1)
[1] Medicare.gov · checked 2026-11-06
$202.90 each month (or higher depending on your income … You'll pay the premium each month, even if you don't get any Part B-covered services … $283 before Original Medicare starts to pay. You pay this deductible once each year … Usually 20% of the cost for each Medicare-covered service or item after you've paid your deductible (and as long as your doctor or health care provider accepts the Medicare-approved amount a…
How we found this
We matched your question to 1 official source, quoted the exact lines, and re-checked each quote against its source on 2026-11-06.
What we don’t know yet
Your own plan or notice may say something different. If your letter cites another rule, send it and we will look again.
Every answer is checked against the official rule it quotes.
Information only — not legal advice. Your plan, insurer or agency decides.
This answer quotes the official sources listed above, with the date we checked them. Your own policy, notice and state rules control. We are not your lawyer or your insurer. We don’t file, argue or negotiate claims for you — you send any letter or form yourself.
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