Medicare Part B premiums will rise nearly 10% in 2026, reaching $202.90 per month, up $17.90 from 2025. This is the largest increase since 2022, when premiums went up 15%, as reported by CBS News.
Medicare costs are increasing in 2026. Part B premiums will rise to $202.90, up $17.90 from 2025, and its deductible will increase to $283, according to KHOU. Part A hospital deductibles will go up $60 to $1,736. Social Security benefits will increase by $56. Out-of-pocket healthcare costs have risen 9% since 2020, and ACA premium tax credits may affect future costs. Employer-sponsored health plans are expected to cost 6–7% more in 2026.
Medicare Part B premiums are rising in 2026, which may reduce the benefit of Social Security cost-of-living adjustments for some seniors, with some seeing their effective COLA drop to zero. Anne Montgomery of the National Committee to Preserve Social Security and Medicare said Part B premiums are increasing three times faster than inflation, and the organization’s president, Max Richtman, said, "This is gonna hurt," as per CBS News. Nearly 69 million Americans are enrolled in Medicare, and the enrollment period ends on December 7.
