Aging population, higher medical and drug costs help fuel expected 5-year rise in Part B premiums. Trump announces 20.8 million to get one-time $90 payment this month to help pay Part B premiums.
From AARP.org — By Tony Pugh —
Medicare’s monthly Part B premium, which covers physician visits and outpatient hospital services, is expected to rise again in 2027 after topping $200 for the first time in 2026.
In its annual report, the Medicare Board of Trustees projects the standard monthly premium for Part B — which also covers diagnostic tests, preventive screenings and drugs administered by providers — will increase by $6.60 to $209.50 per month in 2027. Trustees expect the Part B deductible, the amount you pay before Medicare coverage kicks in, to go from $283 to $292 in 2027.
The actual Part B premium and deductible for 2027 will be announced later this fall by the Centers for Medicare & Medicaid Services.
One month before the midterm elections, President Donald Trump announced that 20.8 million original Medicare beneficiaries will receive a one-time $90 rebate payment this month designed to help them pay their Part B premium. “My Administration will, immediately, begin sending ‘Checks’ of nearly $100 to over 20 MILLION wonderful Seniors to help pay for their Medicare Part B premiums,” Trump wrote in a late-night Oct. 2 post on Truth Social.
But the payments will cover less than half of one month’s standard Part B premium of $202.90 in 2026.
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