Costs & IRMAA

Medicare Trustees Project a Modest Part B Premium Increase for 2027, at 209 Dollars and 50 Cents

The official Medicare Trustees Report released in June estimates the standard monthly Part B premium will rise about 3.25 percent for 2027, though the final number will not be confirmed until November.

By the Goodsurance editorial teamAugust 11, 2026

The 2026 Medicare Trustees Report, released on June 9, projects that the standard monthly Part B premium will rise to 209 dollars and 50 cents in 2027, up from 202 dollars and 90 cents today. The projected increase of roughly 6 dollars and 60 cents a month represents a 3.25 percent rise, which would be the smallest year-over-year increase since 2023. Part B covers physician visits, outpatient care, lab work, and most preventive services. The premium is deducted directly from Social Security payments for most enrollees. The Trustees' figure is a projection. CMS typically sets and announces the official premium in November of the preceding year. Income-Related Monthly Adjustment Amounts, which add surcharges for beneficiaries above certain income levels, are also finalized at that time. In 2026, IRMAA surcharges range from 81 dollars and 20 cents to 487 dollars per month on top of the standard premium. Some private analysts have estimated the 2027 premium may settle somewhat above the Trustees' projection, citing a recent pattern of upward revisions. The Trustees also project longer-term increases, including 224 dollars and 50 cents in 2028 and approximately 338 dollars and 50 cents by 2034.

Medicare Trustees project a 3.25 percent Part B premium increase for 2027. The official number arrives in November.

In plain words

A group that watches over Medicare money says the monthly cost of Part B coverage may go up a little in 2027. The estimate is 209 dollars and 50 cents per month. Right now it is 202 dollars and 90 cents. That is a small increase. The real number will not be official until November 2026. People with higher incomes pay more than the standard amount.

Understand the basics first

Source: CMS
Read at the source →

More news

Other stories on what is moving in Medicare.

Costs & IRMAA

2027 Medicare Plan Change Notices Are Landing in Mailboxes Now, With Two Key Part D Cost Thresholds Rising

Members should expect their Annual Notice of Change by September 30, and two drug-benefit benchmarks inside those letters are higher for 2027: the standard deductible ceiling rises to 700 dollars and the annual out-of-pocket spending cap rises to 2,400 dollars.

September 24, 2026

Costs & IRMAA

Three Compounding Forces Are Likely to Push Medicare Part D Premiums Higher for 2027

Rising drug spending, a new cap that shifted more cost from patients to insurers, and the end of a federal stabilization subsidy are all bearing down on Part D premiums heading into the 2027 enrollment season. Analysts say beneficiaries should compare plans rather than renew automatically.

September 23, 2026

Costs & IRMAA

Medigap Plan G Premiums Are Rising Faster Than Usual, With Some Rates Up More Than 26 Percent in 2026

With open enrollment weeks away, rate filings show Plan G increases of 12 to 26 percent or more for major carriers, leaving beneficiaries weighing fewer low-cost switching options.

September 22, 2026

Costs & IRMAA

CMS Posts Preliminary 2027 Medicare Lab Payment Rates, Projects 1 Billion Dollars in Annual Savings

New draft rates would cut what Medicare pays for most laboratory tests by an average of about 16 percent starting in 2027, with a public comment window open through late October.

September 22, 2026

Costs & IRMAA

Medicare Advantage Drug Deductibles Tripled in Two Years, KFF Data Shows

The share of Medicare Advantage drug plan enrollees who face a prescription drug deductible climbed from 23 percent in 2024 to 82 percent in 2026, and the average deductible rose from 64 dollars to 371 dollars over the same period.

September 20, 2026

Costs & IRMAA

Medicare Rehab Hospital Rules Change October 1, Requiring All Therapy to Begin Within 36 Hours of Admission

The FY 2027 inpatient rehabilitation facility rule takes effect in 13 days, extending the 36-hour therapy-start deadline to all prescribed treatments, not just some. Medicare payments to these facilities rise by 2.3 percent, and a rural payment adjustment is fully eliminated for certain facilities.

September 18, 2026