Medicare Cuts Drug Prices
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IRMAA is a surcharge that some Medicare enrollees must pay in addition to regular Medicare Part B and Part D premiums. The surcharge is based on your Modified Adjusted Gross Income (MAGI) from two years ago. In other words, your 2026 IRMAA liability is based on your MAGI from 2024.
Medicare Part B premiums will rise almost 10% to $202.90 per month in 2026, with the deductible increasing to $283.
A higher Medicare Part B premium in 2026 could erode next year's cost-of-living adjustment for Social Security recipients, experts say.
The monthly premium for Medicare Part B will rise significantly next year from $185 a month in 2025. Here's what it means for Social Security payments.
Millions of older Americans will see a larger chunk of their Social Security cost-of-living adjustment disappear next year as Medicare Part B premiums climb to their highest level yet. The Centers for Medicare & Medicaid Services has confirmed that the standard Part B premium will rise to $202.
Medicare Part B premiums are set to rise in 2026, affecting monthly costs for millions of beneficiaries. According to a press release, the Centers for Medicare & Medicaid Services (CMS) has updated premiums,
Medicare Part B enrollees will pay at least $202.90 a month in 2026, up from the $185 monthly premium this year, according to figures released Nov. 14 by the Centers for Medicare and Medicaid Services (CMS).
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Medicare Part B premiums will rise 10% in 2026, wiping away a third of Social Security’s COLA
The cost for Medicare Part B premiums will rise about 10% in 2026, wiping away about one-third of the Social Security cost-of-living increase for the average beneficiary.
Medicare costs are climbing in 2026, raising questions about whether supplemental coverage makes financial sense.
Medicare Part B 2026 increase is the second largest ever in dollar terms. It'll likely eat a big chunk of the Social Security COLA and hurt seniors.
Part A (inpatient hospital) costs: The 2026 Part A deductible will increase by $60 from 2025 to $1,736. This deductible starts over every 60 days, or six times a year. Skilled nursing is included under Part A, and the 2026 costs will be $0 copay per day for days 1-20 and $217 per day for days 21-100.