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Medicare Premiums Surge Over 45% Amid Rising Costs

4/23/2026

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Story summary
  • Medicare supplemental insurance premiums are rising significantly, with some plans increasing by more than 45%.
  • Brokers report that double-digit premium hikes are becoming common, driven by higher medical service use and aging populations.
  • Premera Blue Cross raised its Plan G premiums by nearly 12% in Alaska.
  • Experts say Congress should cap out-of-pocket costs for Medicare beneficiaries, noting traditional Medicare currently lacks a cap and leaves enrollees exposed.