Free Tools
Medicare Calculators
Seven interactive calculators to help you understand Medicare penalties, IRMAA surcharges, coverage costs, and retirement income — updated in real time as you type.
Part B Late Enrollment Penalty
Missed your Initial Enrollment Period for Part B? Here's what it's likely costing you.
Your Part B premium would be $202.90/month instead of $202.90
This penalty is permanent and added to your Part B premium for as long as you have Medicare.
Part D Late Enrollment Penalty
Went without creditable prescription drug coverage? Estimate your penalty.
This penalty is permanent and added to your Part D premium every month.
Medicare Advantage vs. Medigap Cost Comparison
Estimate your annual out-of-pocket cost under each type of coverage.
| Medicare Advantage | Medigap (Plan G) | |
|---|---|---|
| Estimated Monthly Premium | $0 | $150 |
| Estimated annual copays/coinsurance | $0 | ~$0 |
| Estimated annual total | $0 | $0 |
* Many Medicare Advantage plans have $0 premium, but actual costs vary by plan and location. Your premium could be higher.
* Average Plan G premium in NC. Your actual premium depends on age, location, and insurer.
This is an estimate only. Contact Kayla Price for a personalized comparison. NPN 18530055.
IRMAA Surcharge Estimator
See how your 2024 income affects your 2026 Part B premium.
IRMAA is based on your 2024 tax return. You can appeal if your income has since decreased.
Retirement Income Gap Estimator
Compare your expected monthly income against your expenses.
Monthly surplus: $0
Part D Cost Estimator
See how the $2,100 annual out-of-pocket cap changes your real drug costs.
Starting in 2025, Medicare Part D added a $2,100 annual cap on true out-of-pocket drug costs. Once you hit the cap, covered drug costs for the rest of the year are $0 (plan premium still applies). This estimate excludes your premium from the capped out-of-pocket figure, since the cap applies to drug costs, not premiums.
MA vs. Medigap Break-Even Calculator
Enter your own plan premiums and copay estimate to find the exact break-even point.
| Medicare Advantage | Medigap Plan G + Original Medicare | |
|---|---|---|
| Estimated annual total | $0 | $0 |
Break-even: $0 in annual MA copays
Medigap Plan G total includes the Plan G premium, the standard Part B premium ($202.90/month), and the annual Part B deductible ($257), since Plan G covers nearly all other Original Medicare cost-sharing. This is an estimate only. Contact Kayla Price for a personalized comparison. NPN 18530055.
These calculators are for educational purposes only and are not financial or legal advice. Results are estimates based on 2026 Medicare data. Always consult a licensed professional before making enrollment decisions. Kayla Price, NPN 18530055 | Price Services Group LLC, Agency NPN 20387435 | Not affiliated with or endorsed by the U.S. government or the federal Medicare program.
Calculator values reflect 2026 Medicare data. Figures are updated annually when CMS releases new rates, typically in October/November.