2026 Calculator
Medicare Part D Cost Calculator
Estimate your annual prescription drug costs
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This estimate is based on projected 2026 data and industry averages. Actual premiums vary by insurer, location, and individual factors. Consult a licensed insurance agent for accurate quotes.
*Based on estimated 2026 projections. Data may not reflect real-time legislative changes.
FAQ
What is the Medicare Part D donut hole?
The donut hole (coverage gap) was a phase where you paid more for drugs. Starting 2025, it's effectively eliminated. The new $2,000 annual out-of-pocket cap means you pay nothing after reaching this limit. Before, you could pay thousands in the gap.
What is the 2026 Part D out-of-pocket cap?
The Inflation Reduction Act introduced a $2,000 annual out-of-pocket cap for Part D starting 2025. Once you reach $2,000 in true out-of-pocket costs (deductible + copays), you pay $0 for covered drugs the rest of the year. This is a major improvement.
How much is the Part D premium?
Part D premiums vary by plan, averaging around $35-50/month in 2026. High-income earners pay IRMAA surcharges from $13.70 to $85.80/month on top of the plan premium. Choose plans based on your specific medications, not just premium.