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Social Security Boost Offset by Rising Medicare Costs

11/22/2025

29 5 Full Breakdown

Summary

Story summary

In 2026, about 75 million Americans will receive a 2.8% cost-of-living adjustment to Social Security benefits, averaging $56 per month.
This boost will be partially offset by a nearly 10% rise in Medicare Part B premiums to $202.90 per month.
As a result, the net gain for retirees may drop to about $39.10.
Medicare open enrollment ends on December 7, allowing beneficiaries to adjust their coverage.

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Story summary

In 2026, about 75 million Americans will receive a 2.8% cost-of-living adjustment to Social Security benefits, averaging $56 per month.
This boost will be partially offset by a nearly 10% rise in Medicare Part B premiums to $202.90 per month.
As a result, the net gain for retirees may drop to about $39.10.
Medicare open enrollment ends on December 7, allowing beneficiaries to adjust their coverage.