Medicare Cost
Model Part B, Part D, Medigap or Advantage, plus IRMAA — so you can budget retirement healthcare with real numbers, not slogans.
$5,104/yr
Original Medicare + Medigap
$392/mo premiums
Your Medicare bill
Part B
$185/mo
Part D
$42/mo
Medigap/Advantage
$165/mo
Total monthly
$392/mo
Annual premiums
$4,704
Est. out-of-pocket
$400
Total annual
$5,104
Freedom Coach™
Original Medicare + Medigap: ~$5,104/yr total.
Premiums: $392/mo. Estimated out-of-pocket: $400/yr.
Premium
Save yearly Medicare cost projections and compare paths across couples and income scenarios.
Unlock PremiumBase Part B is ~$185/mo (2025). Add Part D ($40–$60), and either Medigap ($120–$250) or Medicare Advantage ($0–$100). Higher earners pay IRMAA on top.
Original + Medigap: broader access, higher premium, lower out-of-pocket. Advantage: lower premium, network limits, extras (dental/vision), higher OOP when you use it.
Income-Related Monthly Adjustment Amount — a Part B and Part D surcharge for higher earners. Kicks in above $106k single / $212k joint (2025) and uses income from 2 years ago.
3 months before to 3 months after your 65th birthday (Initial Enrollment Period). Missing it triggers permanent 10%/year Part B late penalties.
Advantage plans: change during Annual Enrollment (Oct 15–Dec 7). Medigap: guaranteed acceptance only during your initial 6-month window — after that, insurers can medically underwrite.
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