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CMS announces nearly 10% increase for Medicare Part B premium 

CMS announces nearly 10% increase for Medicare Part B premium 

WASHINGTON – The Centers for Medicare & Medicaid Services (CMS) has announced that the standard monthly premium for Medicare Part B will be $202.90 for 2026, an increase of $17.90 from $185 in 2025. The annual deductible for all Medicare Part B beneficiaries will be $283 in 2026, an increase of $26 from the annual deductible of $257 in 2025. CMS says the increase in the 2026 Part B standard premium and deductible is mainly due to projected price changes and assumed utilization increases that are consistent with historical experience. The agency noted: “If the Trump Administration had not taken action to address unprecedented spending on skin substitutes, the Part B premium increase would have been about $11 more a month. However, due to changes finalized in the 2026 Physician Fee Schedule Final Rule, spending on skin substitutes is expected to drop by 90% without affecting patient care.”  

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