Costs and premiums
What is the Medicare Part B premium for 2027?
Compare Medicare options near you
Answer 3 quick questions to see Medicare listings from licensed insurance partners.
What’s your ZIP code?
Plan availability is set by your county, so we start here.
How old are you?
This helps match you with options you’re eligible for.
Do you have Medicare Parts A & B?
This affects which Medicare options you can choose.
These listings are provided by licensed insurance partners.
Medicare Advantage plans in your area are changing or leaving for 2027.
Is your plan one of them? Call now — one free call tells you.
Available now — current wait: 0 min
A real person answers. No phone menu, ever.
Medicare Advantage plans in your area are changing or leaving for 2027.
Is your plan one of them? Call now — one free call tells you.
Available now — current wait: 0 min
A real person answers. About 5 minutes, no obligation.
Agents available Mon–Fri, 8am–6pm CT
Want to see more plan options?
Answer a few more questions to continue to additional options from licensed partners.
Continue →Advertising disclosure: MyMedicarePlans.org may be compensated when you contact a partner or licensed agent. Listings are not ranked or endorsed by us, and we do not recommend specific plans. You can also contact Medicare.gov or 1-800-MEDICARE.
Speak to a Licensed Insurance Agent
Click to call 855-729-3240Found a plan you like online?
One free call confirms it's actually right for you — online directories are wrong more often than you'd think.
- Your doctors — confirmed in-network for 2027
- Your prescriptions — checked against the plan's 2027 drug tiers
855-729-3240 · free · about 5 minutes
Short answer
CMS has not announced the 2027 Medicare Part B premium yet; it usually publishes the next year's Part B premium and deductible in the fall, often in November.
The standard Medicare Part B premium for 2026 is $202.90 a month, with a $283 yearly deductible.
Social Security benefits rise 3.6% in January 2027, and for most people the Part B premium is deducted from that payment.
| Fact | Figure | Source |
|---|---|---|
| 2027 standard premium | Not announced yet | CMS |
| 2026 standard premium | $202.90 a month | CMS, 2026 Medicare Parts A & B fact sheet |
| 2026 deductible | $283 a year | CMS, 2026 Medicare Parts A & B fact sheet |
| 2025 standard premium | $185.00 a month | CMS |
| Change since 2016 | $121.80 to $202.90 a month | CMS |
| Income where higher premiums (IRMAA) start in 2026 | $109,000 individual; $218,000 married filing jointly (2024 income) | CMS, 2026 Medicare Parts A & B fact sheet |
| Social Security cost-of-living adjustment for 2027 | 3.6% | Social Security Administration |
When is the 2027 Part B premium announced?
CMS publishes the next year's Part B premium, deductible and income-related amounts (IRMAA) each fall, usually in November, after the Social Security cost-of-living adjustment is announced in October. The new amounts take effect January 1. This page shows the new figure the day it is published. The Medicare Part D figures for 2027 are already set: an out-of-pocket cap of $2,400 and a maximum deductible of $700.
How has the Part B premium changed over the years?
| Year | Monthly premium |
|---|---|
| 2026 | $202.90 |
| 2025 | $185.00 |
| 2024 | $174.70 |
| 2023 | $164.90 |
| 2022 | $170.10 |
| 2021 | $148.50 |
| 2020 | $144.60 |
| 2019 | $135.50 |
| 2018 | $134.00 |
| 2017 | $134.00 |
| 2016 | $121.80 |
In some years a hold-harmless rule kept many existing enrollees' premiums below the standard amount, so the standard premium is not what everyone paid.
Who pays more than the standard Part B premium?
- People with higher incomes: above $109,000 for an individual or $218,000 for a married couple filing jointly (based on 2024 income for 2026), the premium rises in steps up to $689.90 a month. See What is IRMAA?
- People who signed up late without qualifying coverage pay a penalty of 10% of the standard premium for each full 12 months they could have had Part B. See late enrollment penalties.
Who pays less, or nothing?
The hold-harmless provision keeps most people whose Part B premium is deducted from Social Security from seeing their net benefit fall because of a premium increase; it doesn't cover people new to Medicare or Social Security, people who pay Part B directly, or people who pay IRMAA.
State Medicare Savings Programs pay the Part B premium for people with limited income and savings, and full Medicaid usually pays it too.
How do I pay the Part B premium?
If you get Social Security, Railroad Retirement Board or federal retirement benefits, the premium is deducted from the payment. If you don't, Medicare sends you a bill, which you can pay online through your Medicare.gov account, with automatic deduction from a bank account (Medicare Easy Pay), or by mail. With a Medicare Advantage plan you still pay the Part B premium.
By the numbers
Medicare Part B premium, 2006–2026
The standard monthly Part B premium has climbed from $88.50 in 2006 to $202.90 in 2026. Hover any point for that year’s premium.
Source: CMS. Standard premium shown; in some hold-harmless years many existing enrollees paid less. Confirm at Medicare.gov.
On this site: What Medicare costs, in full
Good to know
More questions people ask
Will the Part B premium reduce my Social Security check?
Is the Part B premium the same for everyone?
What was the Part B premium in 2025?
Do I pay the Part B premium if I have Medicare Advantage?
Related questions
In depth
- CMS: 2026 Medicare Parts A & B premiums and deductibles
- Medicare.gov: Medicare costs
- Medicare.gov: Avoid late enrollment penalties
- Medicare.gov: Medicare Savings Programs
Figures are Medicare’s, set nationally, and were checked against these pages on October 2026. For your own situation, contact Medicare.gov or 1-800-MEDICARE (TTY 1-877-486-2048).
Content Integrity Standards
- No invented figures. Program-level numbers come from CMS / Medicare.gov; we never use placeholder data.
- No plan recommendations. This is educational content. We don't score or recommend specific plans; any Star Ratings shown are Medicare's own CMS ratings, stated as published.
- AI-assisted, human-reviewed. Articles are produced with AI-assisted tools and reviewed by the responsible desk before publishing.
- Inline sourcing. Facts and figures are cited to primary sources — CMS, SSA, and Medicare.gov.
- Correction transparency. We fix errors openly and note when a page was last updated.
- Not a government site. MyMedicarePlans.org is privately owned and not affiliated with or endorsed by Medicare or any government agency.
This page was last updated: October 2026.