Ask Terry Questions Medicare costs

Medicare costs

By Terry Savage on August 31, 2026 | Insurance & Annuities

Do you have to pay for Medicare part B?

Terry Says

You sure do. And the monthly premium depends on your income from two years previous.
Read this: https://irmaacalcs.com/2026-irmaa-brackets

And you also have to pay for Part D for drugs — even if you don’t take any prescription drugs.
And you also have to pay for a supplement to cover what Parts A and B don’t cover.

OR you can sign up for Medicare Advantages plans which are cheaper — but restrict your care to a limited number of doctors and hospitals — and could be more costly if you get sick and have to pay out-of-pocket costs.

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