Medicare 2026 Premiums Jump Nearly 10%: How Much of Your 2.8% Social Security COLA Will You Actually Keep?
Medicare Part B premiums will rise nearly 10% in 2026, from $185 to $202.90 per month, with the annual deductible increasing to $283. Social Security’s 2.8% cost-of-living adjustment will lift the average monthly benefit by about $56, but higher Medicare costs will absorb roughly a third of that gain, leaving most retirees with a net increase of $38–$40 per month.