Medicare Cost Estimator
Build a simple annual Medicare budget using current 2026 Medicare costs plus the premiums and expected out-of-pocket expenses that apply to the coverage you're considering.
Start with the known costs.
Build your Medicare budget
Use the amounts from a plan's Summary of Benefits when available. You can also enter reasonable estimates for medical and prescription spending.
1. Choose your Medicare pathway
2. Medicare Part B
The standard 2026 Part B premium is prefilled. If you pay a different amount, replace it with your actual monthly premium.
For Original Medicare without Medigap, consider the deductible plus expected coinsurance. If Medigap will cover most of that cost sharing, enter only what you reasonably expect to pay yourself.
3. Hospital costs
Enter the number of Part A inpatient benefit periods you want to model.
4. Medigap premium
3. Medicare Advantage plan
5. Prescription coverage
For 2026, the calculator limits covered Part D out-of-pocket spending entered here to $2,100.
Other predictable annual costs
Your estimated cost
$0Estimated annual premiums plus the out-of-pocket costs you entered. This is a planning estimate, not a guarantee.
Annual estimate divided by 12.
Part B plus plan, Medigap or Part D premiums entered.
Medical, hospital, prescription and other costs entered.
Original Medicare by itself does not have an annual Part A/B out-of-pocket maximum. Medicare Advantage plans have plan-specific medical limits. Non-covered care may also fall outside this estimate.
Three numbers deserve separate attention.
Premiums
These are predictable recurring costs you pay whether or not you use healthcare.
Expected spending
Copays, coinsurance, hospital expenses and prescriptions depend on how much healthcare you actually use.
Financial exposure
A low expected annual cost does not necessarily mean low financial risk during an unexpectedly high-use year.
The cheapest premium isn't always the cheapest coverage.
If you're comparing Original Medicare, Medicare Advantage or Medicare Supplement coverage, tell us what you're trying to understand.
No Medicare number, Social Security number, diagnoses or medical records are needed through our initial form.
Request Medicare help
Complete the short form below.
Important: This calculator provides an educational estimate only. It does not calculate an insurance quote, determine Medicare eligibility, predict actual healthcare utilization or recommend a particular Medicare plan. Verify current costs and plan-specific information through Medicare.gov, applicable plan documents and an appropriately licensed insurance professional. NevadaHealthPlans.com is not connected with or endorsed by the U.S. government or the federal Medicare program.