Medicare Part B Premium Increase in 2026: Plan Ahead

January 8, 2026

What’s Changing?

📈 Premium Increase: Starting January 2026, the standard Medicare Part B premium increased 9.7%. Additionally, the deductible increased to $283. Please note: The increases were determined by the Centers for Medicare and Medicaid Services (CMS) and Social Security Act, not the NYCDCC Fund Office.

💻 For more information on 2026 Medicare Parts A & B Premiums and Deductibles, visit https://www.cms.gov/newsroom/fact-sheets/2026-medicare-parts-b-premiums-deductibles

Why Budgeting Matters

💡 Plan Ahead: Most retirees have Part B premiums deducted from Social Security benefits. With this increase, financial planning is essential to manage income and healthcare costs.

Smart Budgeting Tips

✅ Know Your Fixed Costs: Include premiums, deductibles, co-payments, and co-insurance.

✅ Track Regular Health Needs: Account for prescriptions, routine visits, medical equipment, therapy, and behavioral health.

✅ Plan for the Unexpected: Set aside funds for emergencies or unforeseen medical expenses.

✅ Explore Cost-Saving Programs: State programs may help reduce Medicare costs. Learn more at https://www.medicare.gov/basics/costs/help.

Contact Us

📞 NYCDCC Fund Office Member Services
📞800-529-FUND (3863) or 212-366-7373
🕗 Monday–Friday, 8 AM–5 PM