Story perspectives

Social Security Boost Offset by Rising Medicare Costs

12/6/2025

Summary

Story summary

In 2026, Social Security beneficiaries will receive a 2.8% cost-of-living adjustment, raising average benefits from $2,015 to $2,071.
Rising Medicare Part B premiums will offset the rise, increasing costs from $185 to $202.90.
The COLA may not cover rising living expenses, particularly healthcare.
Low-income retirees could be disqualified from other aid programs by the COLA.
The Social Security fund faces possible insolvency in the mid-2030s, raising concerns about benefits.

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Story summary

In 2026, Social Security beneficiaries will receive a 2.8% cost-of-living adjustment, raising average benefits from $2,015 to $2,071.
Rising Medicare Part B premiums will offset the rise, increasing costs from $185 to $202.90.
The COLA may not cover rising living expenses, particularly healthcare.
Low-income retirees could be disqualified from other aid programs by the COLA.
The Social Security fund faces possible insolvency in the mid-2030s, raising concerns about benefits.