What will Medicare cost in 2027?
Medicare Part B is projected to cost $209.50 a month in 2027, up from $202.90. The Part D drug cap rises to $2,400. Final Part A and B amounts come this fall.
Don't know a word? Press any purple word to see what it means. They're all listed at the bottom of the page.
More on this: What Is Original Medicare? And the 20% Gap
The short version
- The standard Part B premium is projected to rise $6.60 to $209.50 a month in 2027. Most people pay it, and higher incomes pay more.
- The 2027 Part D numbers are already set. The yearly cap on covered drug costs rises to $2,400, and the highest deductible a plan can have rises to $700.
- The 2027 Part A and Part B figures are projections from the Medicare Trustees until Medicare announces the final amounts this fall. We update this page when it does.
- Most people pay no Part A premium, because they or a spouse paid Medicare taxes for about 10 years.
2026 and 2027, side by side
| What it is | 2026 | 2027 |
|---|---|---|
| Part B monthly premium (standard) | $202.90 | $209.50 projected |
| Part B yearly deductible | $283 | $292 projected |
| Part A hospital deductible, each benefit period | $1,736 | $1,788 projected |
| Part A hospital coinsurance, days 61 to 90, per day | $434 | $447 projected |
| Skilled nursing coinsurance, days 21 to 100, per day | $217.00 | $223.50 projected |
| Part A premium, under 30 quarters of work | $565 | $600 projected |
| Part A premium, 30 to 39 quarters of work | $311 | $330 projected |
| Part D yearly cap on covered drug costs | $2,100 | $2,400 set |
| Highest Part D deductible a plan can have | $615 | $700 set |
| Part D base beneficiary premium | $38.99 | $41.33 set |
"Projected" is the estimate in the 2026 Medicare Trustees Report. The final amounts can be different. "Set" means the 2027 amount is already decided.
What the table doesn't show
- Your plan's own costs. Medicare Advantage and Part D plans set their own premiums, deductibles and copays each year. Your plan's Annual Notice of Change lists what changes for 2027.
- Higher premiums by income. The 2027 income limits come out with the final Part B amounts. For 2026, the extra charge starts above $109,000 for one person or $218,000 on a joint return.
What each part covers, and what you pay when you use it, is on our Original Medicare page.
Your next step
Open Enrollment for 2027 plans runs October 15 to December 7. A licensed support agent can go through your plan's changes with you.
No obligation. You can request help from one of our licensed support agents at any time.
See My Personalized OptionsWords on this page
- Benefit period
- How Part A counts a hospital spell. It ends once you have been out of a hospital or nursing facility 60 days in a row.
- Coinsurance
- A percentage instead of a flat amount. Medicare pays 80% of a doctor's bill and leaves you the other 20%.
- Copay
- A flat amount you hand over at the visit. Twenty dollars to see your doctor, for example.
- Deductible
- What you pay yourself first, before the plan starts paying its share.
- Medicare Advantage
- A private plan you can choose instead. It bundles coverage and has a yearly out-of-pocket limit.
- Part D
- Medicare's coverage for prescription drugs. It's its own plan, or built into some Medicare Advantage plans.
Sources
All 3 checked October 7, 2026.
- 2026 Medicare Trustees Report, Tables V.E1 and V.E2 (2026 amounts and projected 2027 Part A and Part B amounts; 2027 Part D deductible and cap)
- CMS fact sheet, November 14, 2025: 2026 Medicare Parts A and B premiums and deductibles
- CMS fact sheet, July 28, 2026: Part D 2027 national average monthly bid amount