Medicare’s Part B premium is $202.90 this year. The 2027 rate is not out yet

The standard monthly premium for Medicare Part B this year is $202.90. The official 2027 premium has not been posted yet.

By Sofie Lind

· Updated · 1 min read

The exterior of Howard County General Hospital in Maryland
Howard County General Hospital in Maryland. Medicare Part A covers inpatient hospital care. Photo: FlugKerl2, CC BY-SA 4.0, via Wikimedia Commons.

The standard monthly premium for Medicare Part B this year is $202.90. The official 2027 premium has not been posted yet.

In a Nov. 14, 2025 fact sheet, the Centers for Medicare & Medicaid Services set the 2026 standard Part B premium at $202.90, an increase of $17.90 from $185.00 in 2025, and the annual Part B deductible at $283, up $26 from $257. CMS said that increase was “mainly due to projected price changes and assumed utilization increases that are consistent with historical experience.” About 8 percent of people with Part B pay a higher, income-related premium; those total monthly amounts, the agency said, run from $284.10 to $689.90, depending on modified adjusted gross income. As of mid-November 2026, CMS had not issued the comparable fact sheet for 2027. The Social Security Administration has said 2027 Medicare figures will be available at medicare.gov and in COLA notices starting in late November.

Part A, which covers inpatient hospital care, has no premium for the roughly 99 percent of beneficiaries with at least 40 quarters of Medicare-covered employment, according to the 2026 fact sheet. This year’s inpatient hospital deductible is $1,736, up $60 from $1,676. Daily coinsurance is $434 for days 61 through 90 of a hospital stay in a benefit period, $868 for lifetime reserve days, and $217 a day for days 21 through 100 in a skilled nursing facility.

People who buy into Part A because they have fewer than 40 quarters of coverage face a different 2026 bill: a reduced monthly premium of $311, or a full premium of $565. Until CMS publishes the 2027 amounts, those 2026 figures are the current official ones — not a forecast, and not a substitute for next year’s announcement.

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