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How are Medicare benefits changing for 2026?
Changes to 2025 Medicare coverage include a $2,000 cap on Part D out-of-pocket costs, small reductions in the average premium for Medicare Advantage and Part D plans, increases for Medicare Part B and Part A premiums and cost-sharing, and adjustments to income-related premium surcharges for Part B and Part D.
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What is the income-related monthly adjusted amount (IRMAA)?
For 2025, high-income beneficiaries – earning over $106,000 a year – pay an IRMAA surcharge that’s added to their Part B and Part D premiums and determined by income from their income tax returns two years prior.
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Frequently-asked questions by tag

Is Medicare’s coverage as good as my employer-sponsored insurance? photo

Is Medicare’s coverage as good as my employer-sponsored insurance?

August 9, 2024 – If you enrolled only in Original Medicare, you would almost certainly notice gaps in coverage that you didn't have under your… Read more

What does Medicare not cover? photo

What does Medicare not cover?

August 8, 2024 – There are many things that Original Medicare (Parts A and B) does not cover. This includes routine care of the feet, orthopedic shoes, some… Read more

Does Medicare cover Ozempic and other drugs prescribed for weight loss? photo

Does Medicare cover Ozempic and other drugs prescribed for weight loss?

May 6, 2024 – If Ozempic is being prescribed for weight loss rather than to treat another medical condition, Medicare Part D will not cover the drug.… Read more

Does all Medicare private coverage have open enrollment periods? photo

Does all Medicare private coverage have open enrollment periods?

November 10, 2022 – For Medicare Advantage and Medicare Part D, there’s an annual open enrollment period (October 15 to December 7, with enrollments… Read more

Will my Medicare coverage follow me if I move out of the state? photo

Will my Medicare coverage follow me if I move out of the state?

July 22, 2021 – Q: Will my Medicare coverage follow me if I move out of the state? A: If you're enrolled in Original Medicare, then yes. But Medicare… Read more

Do Medicare supplement plans include prescription drug coverage? photo

Do Medicare supplement plans include prescription drug coverage?

July 8, 2021 – Modern Medigap plans do not include prescription drug benefits. Instead, Medicare offers prescription drug coverage under Part D. Medicare… Read more

How is Medicare funded? photo

How is Medicare funded?

October 3, 2019 – Q: How is Medicare funded? A: Medicare is funded with a combination of payroll taxes, general revenues allocated by Congress, and premiums… Read more