Medicare costs

Is Medicare free at 65?

No. Part A is premium-free for most people who worked and paid Medicare taxes for at least 40 quarters, but Part B carries a premium — $202.90 a month in 2026 — along with deductibles and coinsurance that continue for as long as you are covered.

  • Part A is usually premium-free with 40 quarters (about 10 years) of Medicare-taxed work.
  • Part B costs $202.90 a month in 2026, plus a $283 annual deductible.
  • Original Medicare pays roughly 80% of approved costs after the deductible, with no annual cap on your 20%.
  • Part D drug coverage, a Supplement, or a Medicare Advantage plan may each add further costs.

What is actually free, and what is not

Part A — inpatient hospital care, skilled nursing, hospice — is premium-free if you or a spouse paid Medicare taxes for at least 40 quarters. That is the part of Medicare people are thinking of when they call it free. It still has a deductible for each benefit period, and coinsurance for long stays.

Part B is not free for anyone. The standard premium is $202.90 a month in 2026, and it is usually deducted from a Social Security payment rather than billed — which is why some people do not notice they are paying it. On top of the premium there is a $283 annual deductible, and then the 20% coinsurance on most services.

The part that surprises people

Original Medicare has no annual out-of-pocket maximum. The 20% you owe after the deductible keeps going, however large the bill. On an ordinary year that is manageable; on the year of a serious illness it is not, and that open-ended exposure is the specific problem both Medicare Supplement plans and Medicare Advantage plans exist to solve — in opposite ways. A Supplement pays the gaps in exchange for a monthly premium; an Advantage plan caps your spending in exchange for a network and copays.

If the premiums are a genuine problem

Help exists and it is under-claimed. Medicare Savings Programs can pay the Part B premium for people under certain income and asset limits, and Extra Help (the Part D Low-Income Subsidy) can substantially reduce drug costs and removes the Part D late-enrollment penalty entirely. In Utah, Medicare Savings Programs are administered through the Department of Workforce Services. Call Sarah, a licensed insurance agent, at 435-292-8777 (TTY 711) and she will check whether you qualify; it costs nothing to find out.

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Is Medicare free at 65?

No. Part A is premium-free for most people who worked and paid Medicare taxes for at least 40 quarters, but Part B carries a premium — $202.90 a month in 2026 — along with deductibles and coinsurance that continue for as long as you are covered.

How much is Medicare Part B in 2026?

The standard Medicare Part B premium is $202.90 a month in 2026, with an annual deductible of $283. Most people pay the standard amount; higher-income households pay more through IRMAA.

What is the Medicare Part D late enrollment penalty?

The Part D late enrollment penalty is 1% of the national base beneficiary premium — $38.99 in 2026 — for every full month you went without creditable drug coverage after your Initial Enrollment Period ended. It is added to your premium for as long as you have Part D.

What is IRMAA, and who pays it in 2026?

IRMAA is the income-related monthly adjustment amount — an extra charge added to Medicare Part B and Part D premiums for higher-income households. In 2026 it begins above $109,000 in modified adjusted gross income for a single filer and $218,000 for a couple filing jointly, based on the 2024 tax return.

What does it cost to work with CUPS Insurance on Medicare costs?

Nothing. Carriers pay a commission when a plan is issued, and that commission is already built into the plan price whether you use an agent or not.

Buying the same plan on your own does not make it cheaper — it just means nobody checked your doctors and prescriptions first, and nobody picks up the phone in March when something goes wrong.

Does CUPS Insurance offer every plan available for Medicare costs?

No, and no agency does. We are independent, which means we compare across the carriers listed on this site rather than representing a single one — but that is not the same as offering every plan on the market.

We do not offer every plan available in your area. Currently we represent 8 organizations which offer 72 products in your area. Please contact Medicare.gov, 1-800-MEDICARE to get information on all of your options.

Who will actually be helping me?

Sarah Wood Rodriquez, licensed since 2009 — over 17 years — and licensed in Utah, Arizona, Idaho. NPN 14943086.

The person who answers the phone is the person who reviews your plan. There is no call center and no handing you between departments.

How do I get started with Medicare costs?

Call Sarah, a licensed insurance agent, at 435-292-8777 (TTY 711) or book a call. The first conversation usually runs twenty to thirty minutes and there is nothing to sign.

Bring your prescription list and your doctors’ names — with those, the comparison can be a real one rather than a generic one.

Grab a cup. Let's make insurance make sense.

A real conversation with a licensed agent who will check your doctors and prescriptions before you decide — and answer the phone all year after that.

Book a call with Sarah Call 435-292-8777 Speak with a licensed insurance agent · TTY 711

Office hours: 10:00 AM – 5:00 PM · Ogden, Utah · NPN 14943086