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2026 Medicare Plan Costs: What's Changing
Part B premiums, Medicare Advantage costs, and Part D pricing are all reviewed annually — here's what tends to move.
Talk to a Licensed Agent: (302) 407-0876What Changes Every Year
Medicare costs are reviewed annually. The Part B premium and deductible are set each year by CMS, and both typically increase somewhat year over year. Medicare Advantage plans set their own premiums, and average premiums have generally trended lower nationally as plan competition has increased, even as underlying benefit designs shift.
Part D prescription drug costs also change annually — both standalone Part D plan premiums and the premiums bundled into Medicare Advantage drug coverage. Because these figures are finalized by CMS each fall for the following year, always confirm the current numbers directly on Medicare.gov or with a licensed agent rather than relying on last year's figures.
Compare Medicare Plans Available in Your Area
Speak with a licensed insurance agent at no cost or obligation
Call (302) 407-0876Why Plan Availability Matters as Much as Price
The vast majority of Medicare beneficiaries have access to at least one Medicare Advantage plan in their area, and most have access to ten or more plan options — meaning the real question usually isn't whether you have choices, but which specific plan fits your doctors, prescriptions, and budget.
The Annual Enrollment Period (October 15 – December 7) is your yearly opportunity to compare plans against updated pricing and switch if a better fit is available for the coming year.
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