CMS Announces 2026 Medicare Costs - CMS.gov
Somewhat delayed by the recent government shutdown, the Centers for Medicare & Medicaid Services (CMS) has finally announced the costs seniors will be required to pay for their healthcare coverage. As you likely know, Medicare consists of several “parts” called “Part A” (inpatient hospitalization coverage), “Part B” (coverage for outpatient services, such as doctors, medical tests, etc.), and Part D (prescription drug insurance coverage). Medicare “Part C” refers to private insurance which replaces Medicare Part A and B (and often Part D as well).
For those eligible for Social Security, Medicare Part A is free, but a monthly premium is associated with Medicare Part B and Part D. And, with healthcare costs inexorably rising, there has been much speculation about how much seniors on Medicare will be required to pay in premiums in 2026, many suggesting that our standard monthly Part B premium could be as high as $206.50 – a $21,50 increase over the $185 Part B premium paid in 2025. Well, the “good” news, is that the increase will not be quite that much, but it will still be substantial – $202.90, or $17.90 more than we all paid for Part B in 2025. But that, nevertheless will be an additional healthcare cost for every Medicare beneficiary. And just to note, those with higher incomes may pay even higher premiums if Medicare’s Income Related Monthly Adjustment Amount (IRMAA) applies. All of this is detailed in this CMS.gov announcement.
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Medicare or Social Security, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of these programs. All questions are answered quickly, at no charge. Learn more about it here…