2023 Medicare Costs

Learn how 2023 Medicare changes could affect your coverage and costs. Review our 2023 Medicare Costs Overview or read the informational guides and articles below.

Average cost of Medicare Part A

If you or your spouse worked and paid Medicare taxes for the equivalent of 10 years (40 quarters), you qualify for premium-free Medicare Part A.

If you paid Medicare taxes for only 30-39 quarters, your 2023 Part A premium will be $278 per month. If you paid Medicare taxes for fewer than 30 quarters, your premium will be $506 per month.

Average cost of Medicare

Average cost of Medicare part B

The standard monthly premium for Medicare Part B is $164.90 per month in 2023.

Some Medicare beneficiaries may pay more or less per month for their Part B coverage. The Part B premium is based on your reported income from two years ago (2021).

Average cost of Medicare Part B

Average cost of Medicare Part C

In 2023, the nationwide average monthly premium for a Medicare Part C (Medicare Advantage) plan is $17.60 per month, though many plans feature lower or $0 monthly premiums.

Average cost of Medicare Part C (Medicare Advantage) by state and county

Average cost of Medicare Part D

The average Part D plan premium in 2023 is $31.50 per month.2

Average cost of Medicare Part D

Medicare Supplement (Medigap) Costs

In 2022, the average Medicare Supplement Plan G premium was $143.46 per month for beneficiaries age 65.3 But the average cost of each type of Medigap plan can vary quite a bit from one plan type to another.

The average premium a Medicare Supplement Insurance (also called Medigap) plan can vary based on factors such as where you live, your age, your health status and more.

Average cost of Medicare Supplement Plans


1 MedicareAdvantage.com internal analysis of annual Medicare plan data from the Centers for Medicare & Medicaid Services (CMS).

2 CMS. (Jul. 29, 2022). CMS Releases 2023 Projected Medicare Basic Part D Average Premium. https://www.cms.gov/newsroom/news-alert/cms-releases-2023-projected-medicare-basic-part-d-average-premium.

3 TRANZACT internal analysis of CSG Actuarial Data quoted January 2020. It is not a comprehensive national average of all available Medicare Supplement Insurance plan premiums.

Medicare Cost Articles

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2022 Medicare Premiums According to Your Income Level

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