Understanding the Medicare Part D Premium Stabilization Subsidy: What Changed for 2027?

A New Option for Eligible Medicare Beneficiaries Weight loss medications have received a lot of attention in recent years, and many Medicare beneficiaries have questions about whether these medications may be covered. Beginning July 1, 2026, a new option called the Medicare GLP-1 Bridge Program may provide eligible Medicare beneficiaries access to certain GLP-1 weight loss medications for $50 per month. As with any Medicare program, there are specific eligibility requirements, and it’s important to understand how this program works before assuming you qualify. What Is the Medicare GLP-1 Bridge Program? The Medicare GLP-1 Bridge Program is designed to provide access to certain GLP-1 medications for Medicare beneficiaries who meet specific requirements. The program covers three prescription medications: Foundayo® (tablet) Wegovy® (injection or tablet) Zepbound® KwikPen® (injection only — single-dose pens and vials are not covered) Eligible participants pay $50 per month for a one-month supply, regardless of income level. This monthly cost does not count toward a Medicare drug plan deductible or yearly out-of-pocket limit. Who May Qualify? To be eligible for the Medicare GLP-1 Bridge Program, Medicare beneficiaries must meet all four requirements: 1. You Must Have Medicare Part D Coverage You must have prescription drug coverage through either: A stand-alone Medicare Prescription Drug Plan (Part D), or A Medicare Advantage plan that includes prescription drug coverage 2. You Cannot Already Qualify for GLP-1 Coverage Through Your Medicare Drug Plan If your current Medicare drug plan already covers a GLP-1 medication option for you, you should contact your plan directly to understand your coverage options. 3. Certain Health Conditions May Affect Eligibility You may not qualify for the Bridge Program if you have: Type 2 diabetes Moderate-to-severe sleep apnea Fibrosis However, individuals with these conditions should check with their Medicare drug plan, as they may already have access to GLP-1 medication coverage through their existing benefits. 4. You Must Meet Age and BMI Requirements You must be at least 18 years old and meet one of the following: BMI of 35 or higher BMI of 30 or higher with certain health conditions, such as certain types of heart failure, difficult-to-control high blood pressure, or chronic kidney disease (stage 3a or above) BMI of 27 or higher with certain conditions, such as prediabetes or a history of heart attack, stroke, or blocked arteries in the legs or arms If you are unsure of your BMI, your healthcare provider can help determine this number based on your height and weight. How Do You Get Started? If you think you may qualify, the first step is to talk with your doctor. Your healthcare provider can help determine whether a GLP-1 medication is appropriate for you and whether you meet the program requirements. You may also reach out to 1-800-MEDICARE or visit Medicare GLP-1 Bridge website. Once you are approved, you can move forward with obtaining your prescription through the program. Questions About Medicare Coverage? Medicare rules, prescription coverage, and plan benefits can be confusing — especially when new programs become available. Understanding your Medicare coverage is an important part of making sure you have access to the benefits you need. At Senior Insurance Advisors , my goal is to help Medicare beneficiaries understand their options and make informed decisions about their coverage. Whether you have questions about Medicare Advantage plans, Medicare Supplement plans, Prescription Drug Plans, or new Medicare programs like the GLP-1 Bridge Program, I’m here to help provide guidance and education.  Have questions? Reach out today — I’d be happy to help you navigate your Medicare options.

Can I See Any Provider with My Medicare Plan? One of the most common questions people ask when enrolling in Medicare is: “Can I see any doctor I want with my Medicare plan?” The answer depends on the type of Medicare coverage you have. Understanding how provider networks work can help you avoid unexpected costs and ensure you have access to the doctors and hospitals you prefer. Original Medicare: The Most Provider Flexibility If you have Original Medicare (Part A and Part B) , you can generally see any doctor, specialist, or hospital in the United States that accepts Medicare. This means: No provider network restrictions No referrals needed to see specialists Coverage available nationwide Ideal for people who travel frequently or live in multiple states throughout the year Before scheduling an appointment, it's always a good idea to confirm that the provider accepts Medicare assignment. Medicare Supplement (Medigap) Plans If you have a Medicare Supplement plan in addition to Original Medicare, you still have the same provider flexibility. With a Medicare Supplement plan: You can see any provider nationwide that accepts Medicare No network restrictions No referrals required Predictable out-of-pocket costs Many beneficiaries choose Medicare Supplement plans because they value provider freedom and nationwide access. Medicare Advantage Plans : Network Rules Apply If you have a Medicare Advantage plan, provider access depends on the specific plan's network. HMO (Health Maintenance Organization) With an HMO plan: You typically must use in-network providers A primary care physician often coordinates your care Referrals may be required for specialists Out-of-network care is generally not covered except in emergencies Because of these restrictions, it's important to verify that your doctors and preferred hospitals participate in the plan's network before enrolling. PPO (Preferred Provider Organization) PPO plans offer more flexibility than HMOs. With a PPO plan: You can usually see both in-network and out-of-network providers Out-of-network services generally cost more Referrals are usually not required While PPO plans provide greater freedom, checking provider participation can help minimize your costs. What About Emergency Care? Regardless of whether you have an HMO or PPO Medicare Advantage plan, emergency and urgent care services are generally covered anywhere in the United States. If you experience a medical emergency, you should seek care immediately rather than worrying about network status. Why It's Important to Check Before Enrolling A Medicare plan that works well for one person may not work well for another. Before choosing a plan, consider: Are your current doctors in-network? Is your preferred hospital included? Do you travel frequently? Do you want referrals for specialist visits? How important is provider flexibility to you? These questions can help determine whether Original Medicare with a Supplement plan or a Medicare Advantage plan is the better fit for your needs. The Bottom Line The ability to see any provider depends on the type of Medicare coverage you have. Original Medicare allows you to see any provider that accepts Medicare. Medicare Supplement plans provide the same nationwide provider access as Original Medicare. Medicare Advantage HMOs generally require you to stay within the network. Medicare Advantage PPOs offer more flexibility but may charge higher costs for out-of-network care. Before enrolling in any Medicare plan, always verify that your doctors, specialists, hospitals, and pharmacies participate in the plan so you can avoid surprises later. Need Help Reviewing Your Medicare Options? Choosing the right Medicare plan involves more than comparing premiums. Provider networks, prescription coverage, travel needs, and out-of-pocket costs all play an important role. Working with a licensed Medicare advisor can help ensure you select coverage that fits your healthcare needs and budget.  If you're approaching Medicare eligibility or considering a change to your current coverage, contact us today for a personalized Medicare review. Together, we'll find a plan that gives you confidence in your healthcare decisions.

Once you enroll in Medicare, one of the most useful documents you may need is your Benefit Verification Letter. This letter serves as official proof of your Medicare enrollment and benefits, and it’s often required for things like financial assistance programs, insurance coordination, or verifying coverage details. The good news? You can access it online in just a few minutes. What Is a Medicare Benefit Verification Letter? A Benefit Verification Letter is an official document from the Social Security Administration (SSA) that confirms: Your Medicare enrollment status The type of Medicare benefits you receive (Part A, Part B, or both) The date your coverage began In some cases, your monthly premium information Even though Medicare is administered through the Centers for Medicare & Medicaid Services, enrollment records and verification letters are issued through the Social Security Administration. When You Might Need It You may be asked for your Benefit Verification Letter when: Applying for Medicaid or Medicare Savings Programs Enrolling in supplemental insurance (Medigap) or other coverage Verifying income-related Medicare premium adjustments Coordinating benefits with an employer or retirement plan Providing proof of Medicare enrollment for financial programs How to Get Your Benefit Verification Letter Online The fastest way to access your letter is through your my Social Security account. Step 1: Log in or Create an Account Go to the official Social Security website: Social Security Administration Visit www.ssa.gov Sign in to your my Social Security account If you don’t have an account, you can create one using identity verification steps Step 2: Navigate to “Proof of Benefits” Once logged in: Select “Replacement Documents” or “Benefit Verification Letter” Click “Get a Benefit Verification Letter” Step 3: Customize Your Letter (Optional) You can choose to include or exclude certain details, such as: Medicare enrollment type Monthly benefit amount (if applicable) Date coverage began Step 4: Download, Save, or Print Your letter is generated instantly as a PDF. You can: Download it to your device Print it for mailing or in-person use Save it for future reference What If You Don’t Have Online Access? If you’re unable to access your account online, you can still request a letter by: Calling Social Security at 1-800-772-1213 Visiting a local Social Security office Requesting it by mail (slower option) Important Tip for Medicare Beneficiaries Many people confuse Medicare.gov with Social Security for documents like this. While Centers for Medicare & Medicaid Services manages your health coverage, your official benefit verification documents come from Social Security, not Medicare directly. Final Thoughts Having your Benefit Verification Letter on hand can make Medicare transitions, insurance decisions, and financial applications much smoother. Setting up your online account early ensures you can access it anytime without delays. Need help reviewing your Medicare coverage or understanding your benefits? Contact us today for a personalized consultation.

Best Medicare Plans for Rural Areas & Small Towns  If you live in a rural area or small town, choosing the right Medicare plan can feel more complicated than it should be. Fewer providers, limited hospital access, and smaller plan networks can all impact your coverage in ways that don’t affect people in larger cities. The good news? With the right strategy, you can still find excellent Medicare coverage that fits your needs and budget. Why Medicare Choices Are Different in Rural Areas Living in a smaller community often means: Fewer doctors and specialists in-network Limited hospital options Longer travel times for care Fewer Medicare Advantage plans available Because of this, what works well in a big city may not be the best fit for someone in a rural setting. Option 1: Original Medicare + Supplement (Medigap) For many people in rural areas, this is often the most flexible option. Why it works well: You can see any doctor nationwide who accepts Medicare No network restrictions Great for people who travel for care or need specialists Things to consider: Higher monthly premium You’ll also need a separate Part D drug plan 👉 Best for: People who want maximum freedom and predictable costs Option 2: Medicare Advantage Plans These plans can be more limited in rural areas—but not always. Pros: Lower (sometimes $0) monthly premiums May include dental, vision, and drug coverage All-in-one convenience Cons in small towns: Smaller provider networks You may need referrals Out-of-network care can be expensive or not covered 👉 Best for: People who are comfortable staying within a local network and want lower upfront costs Option 3: Medicare Cost Plans (where available) In some rural states, Cost Plans are still offered and can be a great hybrid option. Benefits: Flexibility to go outside the network Often lower cost than Medigap Works well in areas with limited providers 👉 Best for: People who want flexibility without paying full Medigap premiums Key Factors to Consider in a Rural Area Before choosing a plan, ask: 1. Are my doctors covered? Make sure your local clinic and nearest hospital accept the plan. 2. How far is the nearest in-network specialist? Travel distance matters more in rural communities. 3. What happens in an emergency? Check coverage for out-of-area care. 4. Do I travel often? If you leave your area frequently, flexibility is critical. Common Mistakes to Avoid Choosing a plan with too small of a network Not checking hospital coverage Focusing only on premium instead of total cost Assuming all plans work the same everywhere What’s Usually the Best Choice? While everyone’s situation is different: Most flexibility: Original Medicare + Supplement Lowest upfront cost: Medicare Advantage Best middle ground: Cost Plans (if available) In many rural areas, people lean toward Medigap plans because they remove network limitations. Final Thoughts Living in a small town shouldn’t limit your healthcare options—but your Medicare plan can if you’re not careful. The key is choosing a plan that fits: Your local provider access Your travel habits Your budget Your long-term health needs Need Help Choosing the Right Plan? If you’re in a rural area and unsure which Medicare option is best for you, Senior Insurance Advisors can help you compare plans available in your area and walk you through your options step by step. Feel free to reach out to schedule a quick consultation—there’s no cost, and it can save you from costly mistakes down the road.

What Can You Do When Your Medigap Rate Goes Up? If you’ve opened your mail and seen that your Medicare Supplement (Medigap) premium is increasing — you’re not alone. Rate increases are common, especially with popular plans like Plan G and Plan N. The good news? You have options. Let’s walk through what’s happening and what you can do about it. Why Do Medigap Rates Increase? Medigap premiums typically rise for three main reasons: 1️⃣ Age-Based Increases Some policies are “attained-age rated,” meaning your premium increases as you get older. 2️⃣ Inflation & Healthcare Costs As medical costs rise, insurance companies adjust rates to keep up. 3️⃣ Claims Experience If a large number of policyholders on your specific plan are using benefits, rates can increase for that group. Rate increases don’t necessarily mean you made a bad choice — but it is smart to review your options. Step 1: Don’t Panic — Review the Details Before making changes, ask: How much did the rate increase? When does it take effect? Is it an annual increase or an unusual spike? How does the new rate compare to other carriers in your area? Sometimes the increase is modest and still competitive. Step 2: Shop Other Medigap Carriers Medigap plans are standardized by the federal government. That means: Plan G with one company has the same medical coverage as Plan G with another company. The only real differences are price, rate stability, and company service. If your rate has increased significantly, you may be able to switch to another carrier offering the same plan at a lower premium. ⚠️ Important: In most states, switching plans requires medical underwriting unless you are in a guaranteed issue situation. Step 3: Consider a Different Plan Letter If you’re currently on Plan G, you might compare: Plan N (lower premium, small copays) High-Deductible Plan G (much lower premium, higher deductible) Depending on your health usage, these options could reduce your monthly cost. Step 4: Review Household Discounts Many Medigap companies offer household discounts if: You live with another adult Your spouse also has a policy Sometimes even if you simply reside together This can reduce premiums by 5–12% in many cases. Step 5: Evaluate Medicare Advantage (Carefully) For some people, switching from Medigap to a Medicare Advantage plan may lower premiums significantly. However: Networks apply Referrals may be required Out-of-pocket exposure changes Prescription coverage is included This should be reviewed carefully — especially if you value provider flexibility. Step 6: Ask About Long-Term Rate History When reviewing new carriers, it’s important to ask: How long has the plan been in the market? What have past rate increases looked like? How large is the membership pool? A lower rate today doesn’t always mean better long-term stability. When Should You Stay Put? Sometimes staying is the best choice if: Your increase is in line with market averages You have health conditions that make underwriting difficult Your carrier has historically stable rates The difference between carriers is small Switching always requires weighing short-term savings against long-term stability. Final Thoughts A Medigap rate increase isn’t necessarily a crisis — but it is an opportunity to review your coverage. Before making any changes: ✔ Compare options ✔ Understand underwriting rules ✔ Evaluate long-term rate stability ✔ Make sure your doctors and coverage needs stay protected If you’ve received a rate increase, now is the time to review your options. I’m happy to provide a personalized comparison to see whether staying put or switching makes the most sense.  A quick review before the new premium takes effect could potentially save you money — and give you confidence in your decision.

Choosing the right Medicare coverage is an important decision, and for many people, Medicare Advantage plans offer an attractive option. These plans combine medical, hospital, and often prescription drug coverage into one plan, along with extra benefits not offered by Original Medicare. Here’s a closer look at why someone might choose a Medicare Advantage plan and who may benefit most. 1. Lower Monthly Premiums One of the main reasons people choose Medicare Advantage is the low monthly premium. Many plans offer premiums as low as $0 (in addition to the Part B premium), making them appealing for individuals on a fixed income. This cost structure works well for people who prefer lower upfront costs and are comfortable with cost-sharing when services are used. 2. All-in-One Medicare Coverage Medicare Advantage plans bundle: Medicare Part A (hospital coverage) Medicare Part B (medical coverage) Often Medicare Part D (prescription drug coverage) Having everything under one plan simplifies coverage, billing, and plan management. 3. Extra Benefits Beyond Original Medicare Many Medicare Advantage plans include benefits not covered by Original Medicare, such as: Dental, vision, and hearing coverage Over-the-counter (OTC) allowances Healthy food benefits Fitness memberships (e.g., SilverSneakers) Transportation to medical appointments These added benefits can create real value for members who use them. 4. Annual Out-of-Pocket Maximum Unlike Original Medicare, Medicare Advantage plans include an annual out-of-pocket maximum. Once you reach this limit, the plan covers 100% of covered medical services for the remainder of the year. This feature provides financial protection and peace of mind for those concerned about large medical expenses. 5. Coordinated Care and Provider Networks Many Medicare Advantage plans emphasize coordinated care through primary care providers and established networks. This can help streamline care, reduce duplication of services, and improve communication between providers. This structure works well for individuals who prefer an organized healthcare approach. 6. Prescription Drug Coverage Included Most Medicare Advantage plans include prescription drug coverage, eliminating the need to enroll in a separate Part D plan. This can simplify coverage and potentially reduce overall costs for members with routine medications. 7. A Good Fit for Certain Lifestyles Medicare Advantage plans may be ideal for individuals who: Are generally healthy Are comfortable using provider networks Do not travel frequently Want predictable, lower monthly costs Value extra benefits like dental and vision For these members, Medicare Advantage can offer strong coverage at an affordable price. Final Thoughts Medicare Advantage plans offer affordable premiums, bundled coverage, and valuable extra benefits, making them a good option for many people. However, they are not the right fit for everyone due to networks and plan rules. The best Medicare choice depends on health needs, budget, and lifestyle. Understanding how Medicare Advantage works allows individuals to choose coverage confidently and avoid surprises. Not sure which Medicare option is right for you? Contact Senior Insurance Advisors for personalized guidance and help choosing coverage that fits your needs and budget.

Choosing the right healthcare coverage during retirement is one of the most important decisions you’ll make. With multiple Medicare options available, it’s common to feel overwhelmed — especially when comparing Medicare Advantage vs. Medigap plans. While both options can provide valuable coverage, they work very differently and are designed for different retirement needs. At Senior Insurance Advisors , we help retirees and those approaching Medicare eligibility understand their options clearly, so they can choose a plan that fits their lifestyle, budget, and long-term healthcare goals. Understanding Medicare Advantage and Medigap Before comparing the two, it’s important to understand what each option is and how it fits into the Medicare system. Medicare Advantage plans (Part C) are offered by private insurance companies and replace Original Medicare (Part A and Part B). These plans provide the same core coverage as Original Medicare but often bundle additional benefits such as prescription drug coverage, dental, vision, and hearing services into one plan. Medigap plans , also known as Medicare Supplement plans, work alongside Original Medicare. Rather than replacing it, Medigap helps pay out-of-pocket costs like deductibles, copayments, and coinsurance that Original Medicare does not cover. You cannot have both a Medicare Advantage plan and a Medigap plan at the same time, you must choose one or the other. Key Differences Between Medicare Advantage vs. Medigap Understanding how these plans differ can help you determine which option best aligns with your retirement needs. How Coverage Is Structured With Medicare Advantage, the plan becomes your primary coverage. All your care is managed through the private insurance plan, often with bundled benefits and structured cost-sharing. With Medigap, Original Medicare remains your primary insurance, and the Medigap policy fills in coverage gaps. This structure can lead to fewer surprise medical bills and more predictable healthcare expenses. Provider Access and Flexibility One major difference between Medicare Advantage vs. Medigap is provider access. Medigap plans typically allow you to see any doctor or specialist who accepts Medicare, without needing referrals or staying within a network. This flexibility is especially valuable for retirees who travel frequently or want unrestricted access to providers. Medicare Advantage plans often use provider networks, meaning you may need to stay in-network to receive the lowest costs. While emergency care is still covered outside the network, routine care may be more limited. Monthly Premiums and Out-of-Pocket Costs Medicare Advantage plans often feature lower monthly premiums, and some plans have very minimal upfront costs beyond your Medicare Part B premium. However, out-of-pocket expenses can add up depending on how often you use healthcare services. Medigap plans generally have higher monthly premiums, but they often result in lower out-of-pocket costs when you receive care. For many retirees, this predictability makes budgeting for healthcare easier. Additional Benefits Medicare Advantage plans may include extra benefits such as dental, vision, hearing, fitness programs, and wellness services. These benefits can be appealing for individuals who want comprehensive coverage under one plan. Medigap plans focus strictly on medical coverage and do not usually include these extras. However, many retirees prefer Medigap for its simplicity and broad provider access. Prescription Drug Coverage Many Medicare Advantage plans include prescription drug coverage as part of the plan. With Medigap, prescription drug coverage is not included, so a separate Part D plan is typically added to ensure complete coverage. Which Plan Is Right for Your Retirement? When deciding between Medicare Advantage vs. Medigap, there is no one-size-fits-all answer. The right choice depends on several personal factors, including: Your current and expected healthcare needs Your monthly budget and tolerance for out-of-pocket costs Whether you prefer provider flexibility or structured networks How often you travel or receive care outside your local area For retirees who want lower monthly premiums and bundled benefits, Medicare Advantage may be a good fit. For those who value predictability, provider freedom, and long-term stability, Medigap may be the better option. It’s also important to consider enrollment timing and future flexibility, as switching plans later may involve underwriting or limited enrollment windows. How Senior Insurance Advisors Can Help Navigating Medicare options can be confusing, but you don’t have to do it alone. At Senior Insurance Advisors , we take the time to understand your unique situation and walk you through the differences between Medicare Advantage vs. Medigap in clear, simple terms. Our goal is to help you choose coverage that supports your health, protects your finances, and gives you peace of mind throughout retirement.  Ready to Find the Right Medicare Plan? The right Medicare plan can make a meaningful difference in your retirement years. Whether you’re enrolling for the first time or reviewing your current coverage, we’re here to help you make a confident, informed decision. Contact Senior Insurance Advisors today to get personalized guidance, a free quote and find the Medicare plan that best fits your retirement needs.

Understanding Your New Social Security Statement: What to Know About Medicare Part B and Potential IRMAA Surcharges for 2026 As we move into a new year, many people begin receiving updated Social Security benefit statements in the mail. These statements not only show your projected monthly benefit but also reveal your Medicare Part B premium for the upcoming year—along with any additional charges, such as IRMAA (Income-Related Monthly Adjustment Amount), that may apply. If you recently opened your 2026 Social Security statement and noticed higher-than-expected deductions, you're not alone. Here's what you need to know. Why Your Social Security Statement Shows New Medicare Premiums Each fall, Medicare announces updated premiums for the coming year. Your Social Security statement includes these amounts so you can see: Your gross Social Security benefit Your Medicare Part B premium deduction Any applicable IRMAA surcharges for Part B and/or Part D Your net monthly benefit (what you’ll actually receive) This transparency helps you plan for the year ahead—especially if your premium has changed. What Is Changing for Medicare Part B in 2026? Every year, Part B premiums may adjust to reflect health care costs and changes in the Medicare program. Your statement will show the new monthly premium for 2026, and this amount will automatically be deducted from your Social Security benefit unless you pay it separately. Why You Might See IRMAA Charges IRMAA stands for Income-Related Monthly Adjustment Amount, and it’s an additional charge added to your Medicare Part B and Part D premiums if your income is above certain limits. How IRMAA Is Determined Social Security looks at your tax return from two years prior—which means your 2024 income determines your 2026 IRMAA tier. You may see IRMAA charges in your statement if: You had unusually high income in 2024 (such as capital gains, Roth conversions, property sales, etc.) Your income increased due to bonuses, overtime, or distributions You filed jointly but now file singly (or vice versa) Your tax return was amended or corrected What If Your Income Has Gone Down Since 2024? Many people receive IRMAA charges even though their current income is much lower—especially after retiring. The good news: You may qualify to have IRMAA reduced or removed. You can file an IRMAA Reconsideration Request if you experienced a life-changing event, such as: Retirement or reduced work hours Marriage or divorce Death of a spouse Loss of income from property Employer settlement payout ending Social Security may then adjust your IRMAA based on your current income, not your income from two years ago. What to Do When You Receive Your Statement If your 2026 statement has unexpected Part B premiums or new IRMAA charges, here are the steps to take: ✔ 1. Review the premiums carefully Confirm the Part B amount and look for any IRMAA line items. ✔ 2. Compare them to your current financial situation If the income used to calculate IRMAA doesn’t reflect your actual current income, you may be eligible for a reduction. ✔ 3. Gather supporting documents This may include recent pay stubs, retirement letters, or other financial documentation. ✔ 4. File an appeal if needed You can request a review using Form SSA-44 if you experienced a qualifying life-changing event. Don’t Panic—Help Is Available Seeing higher-than-expected deductions on your Social Security statement can be frustrating and confusing. But in many cases, higher premiums—especially IRMAA—can be corrected with the right documentation.  If you’re unsure whether you qualify or need help understanding your 2026 statement, reaching out to Senior Insurance Advisors can help you make sense of your situation and explore available options.

Medicare costs are going up in 2026 — and it’s important to know exactly how those changes could affect you or your loved ones. The Centers for Medicare & Medicaid Services (CMS) recently released updated premium, deductible, and coinsurance figures for Medicare Parts A and B, as well as revised income-related adjustment amounts for Part D. Below is a breakdown of what these changes mean and how to prepare. 1. Part A (Hospital Insurance) Updates Part A covers inpatient hospital care, some skilled nursing facility stays, hospice, and more. While most people don’t pay a Part A premium (because they’ve paid into Social Security for at least 40 quarters), the deductible and coinsurance are increasing: Inpatient hospital deductible (per benefit period): Goes from $1,676 in 2025 to $1,736 in 2026 . Hospital coinsurance (days 61–90) : Rises to $434/day (from $419). Hospital coinsurance (lifetime reserve days) : Increases to $868/day (from $838). Skilled Nursing Facility (SNF) coinsurance (days 21–100) : Jumps to $217/day (from $209.50). For those who don’t have enough Medicare work credits (fewer than 40 quarters), Part A still has a monthly premium: $311/month for those with 30–39 quarters $565/month for those with fewer than 30 quarters 2. Part B (Medical Insurance) Cost Changes Part B helps cover doctor visits, outpatient care, medical equipment, and more. Here’s how the 2026 numbers shape up: Standard monthly premium : Rising to $202.90 , up by $17.90 from 2025’s $185. Annual deductible : Increasing to $283 (from $257). Why the jump? CMS says the increase is largely driven by projected increases in utilization and prices — though policy changes helped tamp the rise. 3. Income-Related Premium Adjustments (IRMAA) for Part B If you have a higher income, your Part B premium could be significantly higher than the standard rate. These “Income-Related Monthly Adjustment Amounts” (IRMAA) apply to roughly 8% of Medicare beneficiaries. Here are the 2026 monthly premiums by income: 2026 Modified Adjusted Gross Income (AGI) IRMAA Total Part B Premium ≤ $109,000 (individual) / ≤ $218,000 (joint) $0 $202.90 $109,001–$137,000 / $218,001–$274,000 $81.20 $284.10 $137,001–$171,000 / $274,001–$342,000 $202.90 $405.80 $171,001–$205,000 / $342,001–$410,000 $324.60 $527.50 $205,001–$500,000 / $410,001–$750,000 $446.30 $649.20 ≥ $500,000 / ≥ $750,000 $487.00 $689.90 There’s also a separate table for those who only have Part B coverage for immunosuppressive drugs , with its own IRMAA structure. 4. What This Means for You Budget for higher costs. If you’re on Original Medicare, expect higher monthly Part B costs and a bigger deductible. This could affect how much you need to set aside or how you evaluate supplemental (Medigap) plans. High earners take note. If your income is above the thresholds listed above, your Part B premium could be substantially higher. That’s something to factor into both your retirement planning and Medicare enrollment. Review your coverage. These changes may influence whether you choose Original Medicare + Medigap, a Medicare Advantage plan, or certain Part D plans. Make sure to revisit your options during the next enrollment period. Plan ahead . Since these amounts go into effect in January 2026, you still have time to adjust your budget, shift savings, or explore different Medicare plan options. Final Thoughts Rising Medicare costs are a reality again in 2026 — especially for Part B. While these increases can be frustrating, being informed puts you in a stronger position to adapt. Review your income, your coverage choices, and your long-term budget to make sure Medicare continues to work for you. If you’d like help understanding how these changes might affect your situation (or someone you care for), Senior Insurance Advisors be happy to walk through options and planning strategies.