Medicare Part B premiums to rise nearly 10% in 2026
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Medicare Part B premiums to rise nearly 10% in 2026
"The standard monthly premium will be $202.90 in 2026, an increase of $17.90 from $185 in 2025. Meanwhile, the annual deductible will increase by $26 to $283, according to the Centers for Medicare and Medicaid Services (CMS). The increase in the 2026 Part B standard premium and deductible is mainly due to projected price changes and assumed utilization increases that are consistent with historical experience, CMS said in a statement."
"According to CMS, the Trump administration's action to address unprecedented spending on skin substitutes avoided an additional $11 per month in costs. Spending on skin substitutes is expected to drop by 90% without affecting patient care, the agency said. Compared to a decade ago, annual Part B premiums will have increased 66%, while deductibles will have grown 70.5%. Low-income seniors can enroll in programs that cover premiums, out-of-pocket costs and prescription drugs."
The standard Part B monthly premium will be $202.90 in 2026, up $17.90 from $185 in 2025. The annual deductible will increase by $26 to $283. The premium and deductible increases reflect projected price changes and assumed utilization increases consistent with historical experience. Actions addressing unprecedented spending on skin substitutes avoided an additional $11 per month and are expected to reduce spending on skin substitutes by 90% without affecting patient care. Compared with a decade ago, annual Part B premiums have risen 66% and deductibles 70.5%. Low-income seniors can enroll in programs covering premiums, out-of-pocket costs and prescription drugs. An income-related monthly adjustment affects roughly 8% of high-income beneficiaries.
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