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Medicare Premiums Surge 9.7%, Impacting Social Security Benefits

11/25/2025

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Story summary
  • Medicare Part B premiums will rise 9.7% in 2026 to $202.90, the first over $200.
  • The increase will consume about one-third of the 2.8% Social Security COLA, reducing beneficiaries' increase to 1.9%.
  • The Part B deductible will rise to $283.
  • Average out-of-pocket health care costs rose 9% since 2020.
  • If Congress does not extend Affordable Care Act (ACA) premium tax credits, 22 million Americans could face rate hikes in 2026.