Standard Medicare Part B monthly premium to jump 9.7% in 2026
Personal Finance
Standard Medicare Part B monthly premium to jump 9.7% in 2026
Published Mon, Nov 17 202510:37 AM ESTUpdated Mon, Nov 17 20252:48 PM EST
Lorie Konish
The standard Medicare Part B premium will increase to $202.90 per month in 2026, up 9.7% from $185 per month in 2025, the Centers for Medicare and Medicaid Services has announced.
Because those monthly premiums are typically deducted directly from Social Security benefit payments, those rates affect just how much of a cost-of-living increase beneficiaries will see in 2026.
The Social Security Administration has announced a 2.8% cost-of-living adjustment for 2026.
The standard Medicare Part B premium will increase to $202.90 per month in 2026, up $17.90, or 9.7%, from $185 per month in 2025, according to the Centers for Medicare and Medicaid Services.
The increase marks the second-highest Part B premium increase in dollars, according to Mary Johnson, an independent Social Security and Medicare analyst. The highest increase of $21.60 per month happened in 2022.
Retirees may see this as a continuation in relentless cost increases, Johnson said via email.
Medicare Part B is medical insurance that covers both medically necessary and preventive services.
Part B premiums are typically deducted directly from Social Security checks. Any increase to those monthly premium payments affects how much of an increase Social Security beneficiaries may see in their monthly checks in 2026.
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