What Will Medicare Actually Cost Me?
Get a personalized annual estimate of your total Medicare costs — including premiums, IRMAA surcharges, plan costs, and prescription expenses — all in one place.
Your Medicare Cost Estimate
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Your Information
Used to determine if IRMAA surcharges apply. Based on your tax return from 2 years ago.
Plan availability and costs can vary by county.
Your Estimate Will Appear Here
Complete the form on the left and your personalized cost breakdown will calculate automatically.
Common Questions About Medicare Costs
This tool provides a ballpark estimate based on standard 2025 Medicare rates, average plan premiums in Ohio, and typical prescription costs by volume. Your actual costs will depend on the specific plan you enroll in, the pharmacy you use, and the exact medications you take. For a precise quote, we recommend scheduling a free consultation with our team.
Medicare uses a system called IRMAA (Income-Related Monthly Adjustment Amount) that adds a surcharge to your Part B and Part D premiums if your Modified Adjusted Gross Income from two years ago exceeds certain thresholds. For example, individuals earning over $103,000 or married couples filing jointly earning over $206,000 will pay higher premiums.
Medicare Advantage plans often have $0 premiums but charge copays and coinsurance when you use services. Medicare Supplement (Medigap) plans have a monthly premium — typically $120-$200 in Ohio — but cover most or all of your out-of-pocket costs when you see a doctor or visit the hospital. The right choice depends on your health, budget, and how often you use healthcare.
This estimate covers your core recurring costs: Part B premium, IRMAA surcharges, plan premiums, and estimated drug costs. It does not include one-time expenses, specialist copays, hospital deductibles (if on Medicare Advantage), dental or vision costs, or Part A premiums (which most people do not pay). Our team can walk you through a full cost picture during a consultation.
Want an Exact Number? Let's Talk.
Our team will review your specific situation, compare real plans available in your Ohio county, and give you an exact cost breakdown — all at no charge.