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Medicare warning: Premiums set to double

By Newsweek  
   March 11, 2026

Medicare beneficiaries could see their Part B premiums nearly double over the next decade, according to a new report from the Senate Joint Economic Committee. This raises fresh concerns about the affordability of healthcare for seniors who already face rising out‑of‑pocket costs. The report projects that per‑person Medicare Part B premiums will rise from about $2,200 per year in the mid‑2020s to roughly $4,500 by 2035, driven largely by rapidly increasing program spending and continued overpayments to Medicare Advantage insurers. Under current law, Medicare Part B premiums are set to cover 25% of expected Part B costs, meaning any increase in overall spending is automatically passed through to seniors in the form of higher monthly premiums. This uptick will occur regardless of whether they are enrolled in traditional Medicare or Medicare Advantage, putting pressure on many seniors' budgets and spending on other necessities like housing and transportation.

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