How much does a Medicare Advantage plan cost?

MA plans may have some or all the following out-of-pocket costs:

Medicare Advantage premiums

A premium is the payment you make to the insurance company, usually monthly or annually. Paying your premium keeps your coverage active. According to the Centers for Medicare & Medicaid Services (CMS), the average monthly plan premium for all Medicare Advantage plans in 2025 is around $17.

In addition to the MA plan premium, Medicare members enrolled in an MA plan are responsible for their Part B premium ($185 in 2025). Some Medicare Advantage plans may cover some or all of your Part B premium.

Medicare Advantage deductibles

Your deductible is the amount you pay for covered healthcare services before your insurance plan starts to pay. With a $500 deductible, for example, you pay the first $500 of covered services yourself. After you pay your deductible, you usually pay only a copayment  or coinsurance  for covered services. Your insurance company pays the rest.

Copayments

A copayment, or copay, is the amount you pay to a healthcare provider or pharmacy at the time of service. Copayments vary depending on your plan and the services you receive. For example, you may have a $40 copayment for a doctor's office visit.

Prescription drug costs

A Medicare Advantage plan that includes drug coverage is called a Medicare Advantage prescription drug plan (MAPD). Most MAPD plans offer an affordable or even $0 monthly plan premium, but you might have to pay the Medicare Part B premium. Some MAPD plans also charge a drug deductible.

Out-of-pocket maximum

Your out-of-pocket maximum is the most you have to pay for covered healthcare services in a plan year. For example, if your out-of-pocket maximum is $5,000, once you’ve paid $5,000, your plan pays 100% of all covered services for the rest of the plan year.

What can impact my Medicare Advantage costs?

MA plans set their costs for premiums, deductibles and services on Jan. 1 every year.² These costs won’t change the rest of the year. 

Outside of those fixed costs, other things that can impact what you pay include: 

• The type of MA plans you choose
• The type of healthcare services you need
• How often you get healthcare services
• Whether you go to a doctor or supplier in the plan’s network
• The maximum out-of-pocket limit set by your plan
  
  

Compare Medicare Advantage plans

There are 4 common Medicare Advantage plans: Health maintenance organization (HMO) plans , Preferred provider organization (PPO) plans , Private fee-for-service (PFFS) plans  and Special Needs Plans (SNPs) .

To check what plan could be best for you, compare Medicare Advantage plans  today.