Medicare Advantage and health plans on the Affordable Care Act marketplace aren’t the only insurance that will cost more in 2026. Premiums, deductibles, and coinsurance amounts for Medicare Parts A and B will also increase next year, according to the Centers for Medicare & Medicaid Services (CMS).
CMS announced the new amounts that Medicare beneficiaries will pay in 2026 in a fact sheet on Friday.
Medicare Part A
Premiums: Most beneficiaries don’t have to pay a premium for Part A, which covers inpatient hospital, skilled nursing facility, hospice, inpatient rehabilitation, and some home health care services. Approximately 99 percent of Medicare beneficiaries have the premium covered because they have at least 40 quarters of Medicare-covered employment, as determined by the Social Security Administration.
However, enrollees who have fewer than 40 quarters of coverage and certain individuals with disabilities will pay a monthly premium. If an individual had at least 30 quarters of coverage or were married to someone with at least 30 quarters of coverage, he or she may buy into Part A for a reduced premium of $311 in 2026, a $26 increase from 2025. Those with fewer than 30 quarters of coverage or those with disabilities who have exhausted other benefits, will pay the full premium, which will be $565 a month in 2026, a $47 increase from 2025.
Deductibles: If Medicare recipients are admitted to the hospital next year, they’ll be responsible for a higher deductible next year. The inpatient hospital deductible will be $1,736 in 2026 compared to 1,676 in 2025.
The inpatient hospital deductible covers beneficiaries’ share of costs for the first 60 days of Medicare-covered inpatient hospital care in a benefit period. In 2026, they must pay a coinsurance amount of $434 per day for the 61stthrough 90thday of a hospitalization ($419 in 2025) in a benefit period and $868 per day for lifetime reserve days ($838 in 2025). For beneficiaries in skilled nursing facilities, the daily coinsurance for days 21 through 100 of extended care services in a benefit period will be $217 in 2026 compared to $209.50 in 2025.
Medicare Part B
Premiums: The standard monthly premium for Medicare Part B covered services, which includes physicians’ services, outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Medicare Part A, will be $202.90 for 2026, an increase of $17.90 from $185.00 in 2025.
Furthermore, individuals whose full Medicare coverage ended 36 months after a kidney transplant, and who do not have certain other types of insurance coverage, can choose to continue Part B coverage of immunosuppressive drugs by paying a $121.60 premium.
Deductibles: The annual deductible for all Medicare Part B will be $283 in 2026, an increase of $26 from the annual deductible of $257 in 2025.
CMS attributed the increase in the premium and deductible to projected price changes and utilization increases that are consistent with past experience. The agency said increases would have been $11 more a month had the administration not addressed spending on skin substitutes. Changes finalized in the 2026 Physician Fee Schedule Final Rule will cut spending on skin substitutes by 90 percent.