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Medicare Announces 2026 Costs: What You Need to Know

  • Writer: Honest Healthcare
    Honest Healthcare
  • Nov 21, 2025
  • 3 min read


Medicare has officially released the updated costs for 2026, and while many of the changes were expected, we now have the final confirmed numbers for Medicare Part A and Part B premiums, deductibles, and IRMAA guidelines. These updates are important for anyone enrolled in Medicare or preparing to enroll, so here’s a clear breakdown of what’s changing and what it means for you.


Medicare Part A Costs for 2026

Most people receive Medicare Part A premium-free, but those who haven’t earned enough work credits must pay a monthly premium. Both premium tiers and the deductible will increase in 2026.


Part A Premiums (2026)

  • $311 per month for individuals with 30–39 work credits(up from $285 in 2025)

  • $565 per month for individuals with 0–29 work credits(up from $518 in 2025)


Part A Deductible (2026)

  • $1,736 per benefit period(up from $1,676 in 2025)

This deductible covers hospital stays under Part A before Medicare begins paying its share.


Medicare Part B Costs for 2026

Part B saw increases in both the monthly premium and the deductible.


Part B Premium (2026)

  • $202.90 per month(up from $185 in 2025)


Part B Deductible (2026)

  • $283(up from $257 in 2025)

Once the Part B deductible is met, Medicare generally pays 80% of approved medical services, including doctor visits, outpatient care, and durable medical equipment.


IRMAA Updates for 2026

For those with higher incomes, the Income-Related Monthly Adjustment Amount (IRMAA) for both Part B and Part D has also been updated for 2026. These adjustments determine whether you’ll pay higher premiums based on your modified adjusted gross income.


The 2026 IRMAA grids are included in the Medicare Basics Info sheets provided, and they outline income brackets and additional monthly surcharges.


Why These Changes Matter

Medicare cost updates can affect:

  • Your monthly budget

  • Your supplemental coverage decisions

  • Your Medicare Advantage or Part D plan choices

  • Your retirement income planning

Even small annual increases can add up, especially if you're on a fixed income. Reviewing your plan each year ensures you're receiving the most cost-effective and appropriate coverage for your health needs.


Where to Learn More

For a detailed look at these updates, including the full 2026 cost-sharing structure and IRMAA tables, you can review the CMS official fact sheet here:


CMS Link to 2026 Changes


If you’d like help understanding how these changes may affect you personally—or if you want to review your Medicare coverage options for 2026—I’m here to help.


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