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

Medicare Will Pay 20 Percent Less for the Cheaper Service When a Doctor Bills Both a Visit and a Procedure on the Same Day Starting in 2027

A provision in the final 2027 physician pay rule, published today in the Federal Register, trims reimbursement when a physician furnishes an office visit and a minor procedure on the same date. CMS projects the change will prevent approximately 2.38 billion dollars in extra Medicare payments over the next 10 years.

November 9, 2026

Costs & IRMAA

Medicare Finalizes 2027 Outpatient Rule, Cutting Drug Costs for Patients at Hospital Clinics

CMS issued a final rule November 4 that sets a 2.3 percent hospital outpatient payment increase for 2027 and lowers what Medicare pays hospitals for 340B-acquired drugs, projecting average savings of about 900 dollars for beneficiaries who receive a qualifying drug at a hospital outpatient department.

November 5, 2026

Costs & IRMAA

Nearly All Medicare Stand-Alone Drug Plan Members Will Face a Deductible in 2027, With Averages Up Sharply

A KFF analysis of 2027 Part D plan designs finds average deductibles rising to 643 dollars for stand-alone plan enrollees and 489 dollars for Medicare Advantage drug plan members, while the share of enrollees subject to any deductible expanded in both plan types.

October 30, 2026

Costs & IRMAA

CMS Finalizes 2027 Medicare Dialysis Payment Rate at 297 Dollars and 52 Cents, With a Larger Add-On for Home Dialysis Training

A final rule issued October 28 sets the per-treatment base rate for kidney dialysis facilities and raises the payment designed to encourage training patients to do dialysis at home.

October 29, 2026

Costs & IRMAA

Medicare's Hospital Fund Is Projected to Fall Short of Full Payment Capacity by 2033, Trustees Report Finds

The 2026 Medicare Trustees Report projects the Part A Hospital Insurance fund will be partially depleted in 2033, at which point incoming revenues would cover only 89 percent of covered costs, absent new legislation.

October 26, 2026

Costs & IRMAA

KFF: Nearly Half of Traditional Medicare Beneficiaries Hold Medigap, as Average Monthly Premiums Reach 244 Dollars

A KFF analysis released two days before open enrollment finds 12.9 million people carry supplemental Medigap policies, that average premiums rose 7 percent in a single year, and that Plan G now covers nearly half of all policyholders.

October 15, 2026