What to Know About the Nearly 10% Rise in a Key Medicare Expense for 2026

Why Part B Premiums Are Going Up

The Centers for Medicare & Medicaid Services (CMS) announced that the standard Part B premium for 2026 will increase by almost 10 % compared with the 2025 rate. This jump reflects the rapid escalation of health‑care costs across the United States, especially for outpatient services that retirees rely on.

What Part B Covers

Part B is the portion of Medicare that pays for doctor visits, outpatient care, preventive services, and certain medical supplies. While it does not include hospital stays (that’s Part A), it is essential for routine health maintenance and chronic‑disease management.

Key Drivers Behind the Increase

Several factors are pushing the premium higher:

• Rising physician fees: Average reimbursement rates for physicians have climbed faster than inflation.
• Advances in technology: New diagnostic tools and treatment options, while improving outcomes, come with higher price tags.
• Increased utilization: An aging population means more frequent outpatient visits and preventive screenings.
• Higher drug costs: Some Part B‑covered medications, such as injectable biologics, have seen steep price hikes.

How the New Premium Affects Beneficiaries

For the average retiree, the 2026 Part B premium will rise from $170.10 to roughly $186.00 per month—a difference of about $15.90. Those with higher incomes may also see a larger increase in their monthly income‑related monthly adjustment amount (IRMAA), which adds an extra surcharge based on adjusted gross income.

What You Can Do to Prepare

While the premium increase is largely out of individual control, there are steps you can take to lessen its impact:

• Review your coverage: Make sure you’re enrolled in the most suitable Medicare Advantage or supplemental plan for your needs.
• Check for assistance programs: State Medicaid programs, the Medicare Savings Program, and the Extra Help program may offset costs for eligible seniors.
• Plan your budget: Incorporate the new premium into your monthly expenses early to avoid surprises.
• Consider preventive care: Staying healthy can reduce the number of outpatient visits and associated costs.

Looking Ahead

CMS projects that health‑care spending will continue to outpace inflation for the foreseeable future. As a result, future adjustments to Part B premiums are likely. Staying informed and proactive about your Medicare options will help you navigate these changes with confidence.