Medicare costs rise in 2026 — Why are Medicare costs rising in 2026, and how will higher Part B premiums, deductibles, and IRMAA affect retirees’ monthly budgets?

Medicare costs are rising again in 2026, with higher Part B premiums, deductibles, and hospital charges confirmed by CMS. Monthly premiums climb above $200, while inpatient and outpatient costs increase nationwide. Higher-income retirees face steeper IRMAA surcharges. These changes arrive amid inflation pressures, making budget planning critical for millions of beneficiaries heading into next year.