Retirees who rely on Medicare Part B for the majority of their medical needs will see a nearly 10 percent increase in monthly premium amounts for 2026.
The Centers for Medicare & Medicaid Services (CMS) released its Medicare Part A and Part B premiums, deductibles, and co-insurance amounts for next year on Nov. 14, and Part B deductibles jumped to $202.90 per month. That increase is in addition to a spike in annual deductibles for Medicare Part B beneficiaries—usually paid in full before Medicare benefits kick in—to $283, up $26 from the annual deductible set in 2025.
CMS said the increase to Part B’s standard premium and monthly deductible is attributable to higher costs and an expected uptick in utilization of medical services. Premiums would have been $11 higher had the Trump administration not enacted changes in the physician fee schedule for skin substitute treatments, CMS noted….