What Will Medicare Cost You in 2026? A New Jersey Guide
The standard Part B premium is $202.90 a month in 2026, the Part B deductible is $283 and the Part A hospital deductible is $1,736. Here is every 2026 Medicare cost, and the New Jersey programs that can cut them.
Key takeaways
- The standard Part B premium is $202.90 a month in 2026, and the Part B deductible is $283 a year.
- The Part A hospital deductible is $1,736 per benefit period in 2026. Most people pay no Part A premium.
- Higher incomes pay more. Above $109,000 (single) or $218,000 (joint) on your 2024 tax return, Part B runs from $284.10 to $689.90 a month.
- New Jersey's Medicare Savings Programs can pay your Part B premium if your 2026 income is up to $21,546 single or $29,214 married and savings are within the limits.
- CMS usually announces the 2027 Part B premium and deductible in November. We will update this page then.
Medicare still costs money, even if you never pay a Part A premium. Almost everyone pays the Part B premium, $202.90 a month in 2026, and then deductibles and coinsurance on top, unless a plan or a state program covers them.
This page puts every 2026 Medicare cost in one place, from the CMS figures, and adds what is different for New Jersey: the state's Medicare Savings Program limits and what Medigap plans cost here at 65.
Plan figures for 2027, such as Medicare Advantage premiums and maximums, are already published, and we use them where they help. Federal 2027 amounts for Part A and Part B have not been announced yet.
What does Part B cost in 2026?
$202.90 a month for most people, plus a $283 yearly deductible. After the deductible, you generally pay 20% of the Medicare-approved amount for doctor visits, outpatient care and medical equipment, with no yearly cap under Original Medicare alone.
- standard Part B premium a month
- $202.90
- Part B deductible a year
- $283
- your share after the deductible
- 20%
- on Part B coinsurance without other coverage
- No cap
What does Part A cost in 2026?
Most people pay no Part A premium because they or a spouse worked 40 quarters. The costs come when you are admitted to the hospital.
| Cost | 2026 |
|---|---|
| Inpatient hospital deductible, per benefit period | $1,736 |
| Hospital coinsurance, days 61 to 90 | $434 a day |
| Lifetime reserve days | $868 a day |
| Skilled nursing facility, days 21 to 100 | $217 a day |
| Part A premium, 30 to 39 quarters of work | $311 a month |
| Part A premium, fewer than 30 quarters | $565 a month |
Source: CMS fact sheet: 2026 Medicare Parts A and B premiums and deductibles.
How much more do higher incomes pay?
If your modified adjusted gross income two years ago was above the first threshold, you pay an income-related monthly adjustment amount, called IRMAA, on both Part B and Part D. For 2026, Social Security looks at your 2024 tax return.
| Single filer income | Joint filer income | Part B a month | Part D surcharge a month |
|---|---|---|---|
| $109,000 or less | $218,000 or less | $202.90 | $0 |
| Over $109,000 up to $137,000 | Over $218,000 up to $274,000 | $284.10 | +$14.50 |
| Over $137,000 up to $171,000 | Over $274,000 up to $342,000 | $405.80 | +$37.50 |
| Over $171,000 up to $205,000 | Over $342,000 up to $410,000 | $527.50 | +$60.40 |
| Over $205,000 up to $500,000 | Over $410,000 up to $750,000 | $649.20 | +$83.30 |
| $500,000 or more | $750,000 or more | $689.90 | +$91.00 |
Source: CMS fact sheet: 2026 Medicare Parts A and B premiums and deductibles.
If your income dropped because you retired, stopped work or lost a spouse, you can ask Social Security to use a more recent year with form SSA-44. Try our IRMAA calculator.
What do Part D, Medigap and Medicare Advantage add?
It depends on the coverage you choose. Here is what each piece costs in New Jersey on the figures published so far.
| Coverage | What it costs | Year |
|---|---|---|
| Part D drug plan | National base premium $38.99; out-of-pocket cap $2,100 | 2026 |
| Part D drug plan | Out-of-pocket cap $2,400; deductible up to $700 | 2027 |
| Medigap Plan G at 65, women, preferred rates | $147.88 to $260.98 a month across 19 companies | June 2026 |
| Medicare Advantage, Camden County | In-network maximum $6,900 to $9,850 a year; 17 of 34 standard plans have a $0 premium | 2027 |
Source: CMS Medicare Advantage and Part D Landscape, Contract Year 2027.
Our Plan G vs Plan N post goes deeper on New Jersey Medigap prices.
Can New Jersey help pay my Medicare costs?
Yes, if your income and savings are limited. New Jersey's Medicare Savings Programs pay some or all of your Medicare premiums, and the top level also covers deductibles and coinsurance. The state publishes these 2026 limits on its Medicare Savings Programs page.
| Program | What it pays | Yearly income limit | Asset limit |
|---|---|---|---|
| QMB | Part A and B premiums, deductibles, coinsurance and copays | $15,960 single, $21,640 married | $9,950 single, $14,910 married |
| SLMB | Part B premium | $19,152 single, $25,968 married | $9,950 single, $14,910 married |
| QI | Part B premium | $21,546 single, $29,214 married | $9,950 single, $14,910 married |
Source: NJ Medicare Savings Programs.
You apply through the state's NJSave application, online or on paper, or by calling 1-800-792-9745. The same application checks you for PAAD, Senior Gold and Extra Help.
The bottom line
In 2026, Part B costs $202.90 a month with a $283 deductible, and a hospital stay starts with a $1,736 Part A deductible. Higher incomes pay IRMAA. In New Jersey, the Medicare Savings Programs can cover your Part B premium if your income is up to $21,546 single or $29,214 married, so check before you pay full price.
Frequently asked questions
How much is Medicare Part B in 2026?
The standard Part B premium is $202.90 a month in 2026, and the yearly deductible is $283. Higher incomes pay up to $689.90 a month.
What is the Medicare Part A deductible in 2026?
$1,736 for each benefit period. Days 61 to 90 in the hospital cost $434 a day, and skilled nursing days 21 to 100 cost $217 a day.
Does New Jersey help pay the Part B premium?
Yes, through the Medicare Savings Programs. For 2026, the QI program pays the Part B premium for single people with yearly income up to $21,546 and assets up to $9,950. Apply with the NJSave application.
When will the 2027 Part B premium be announced?
CMS usually announces the next year's Part B premium and deductible in November. Until then, the 2026 figures are the latest official amounts.
Sources
- CMS fact sheet: 2026 Medicare Parts A and B premiums and deductibles Centers for Medicare & Medicaid Services
- CMS fact sheet: 2026 Part D bid information and base beneficiary premium Centers for Medicare & Medicaid Services
- NJ Medicare Savings Programs New Jersey Department of Human Services, Division of Aging Services
- New Jersey Medicare Supplement Policies (Medigap) monthly premium at age 65, female preferred rates, June 2026 New Jersey Department of Human Services, Division of Aging Services
- CMS Medicare Advantage and Part D Landscape, Contract Year 2027 Centers for Medicare & Medicaid Services
Please note: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.Garden State Medicare Solutions is not connected with or endorsed by the United States government or the federal Medicare program. Medicare has neither endorsed nor reviewed this information. This article is general information, not medical, tax or legal advice.
