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How Medicare Advantage Caps Your Out-of-Pocket Costs

See how the required annual out-of-pocket maximum on Medicare Advantage plans compares to Original Medicare.

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One of the most overlooked numbers when comparing Medicare Advantage plans is the annual out-of-pocket maximum — the dollar amount that caps what you'll pay for covered care in a plan year. Unlike Original Medicare, which has no such cap on its own, every Medicare Advantage plan is required to include one.

Annual Limit

Every Medicare Advantage plan caps what you pay out of pocket for covered services each year.

Costs Drop to Zero

Once you hit the limit, the plan pays 100% of covered costs for the rest of the plan year.

Budget With Confidence

Knowing your worst-case cost in advance makes it easier to plan for a major health event.

Why the Out-of-Pocket Maximum Matters

Medicare Advantage plans include an annual out-of-pocket maximum, which limits how much you pay for covered healthcare services each year. Once you reach this limit, your plan pays 100% of covered services for the rest of the year — providing real financial protection if you have a serious illness, injury, or hospital stay.

How It Compares to Original Medicare

Original Medicare (Part A and Part B) generally requires 20% coinsurance on many Part B services with no annual cap, which is why some people pair Original Medicare with a Medigap policy for more predictable costs instead.

Coverage TypeAnnual Out-of-Pocket Cap
Original Medicare aloneNo annual maximum
Original Medicare + MedigapMedigap absorbs much of the cost-sharing
Medicare AdvantageRequired annual out-of-pocket maximum

What to Compare Beyond the Maximum

A lower out-of-pocket maximum can help you plan for the worst case, but it's only one part of the cost picture. Also compare the monthly premium, deductible, and typical copays — see our full Medicare Advantage Costs Explained guide for the other pieces that make up your total cost.

Compare Out-of-Pocket Limits on Plans Available in Your Area

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Call (302) 407-0876

Frequently Asked Questions

No. Original Medicare on its own has no annual limit on what you can pay in coinsurance, which is why many people pair it with a Medigap policy.