Medicare Costs Are Rising in 2026 — What February Is Telling Us
Every year, I have honest conversations with my clients about Medicare costs, and 2026 is no exception. By February, most people are starting to feel how the new numbers impact their monthly budget.
Medicare Part B premiums and deductibles have increased this year, which means many beneficiaries are paying more than they did just twelve months ago. While Social Security cost-of-living adjustments help offset some of that increase, many people are still feeling the squeeze.
What Higher Costs Mean for You
Rising costs don’t automatically mean your plan is wrong, but they do mean it’s time to review whether your coverage is still the most cost-effective option for your needs.
In February, I’m seeing clients ask:
- Am I paying more than I need to?
- Is my plan still giving me value?
- Should I adjust my coverage to better manage expenses?
These are smart questions.
Why a February Review Makes Sense
By now, you’ve likely seen your January and February premiums, copays, and prescription costs. That gives us real numbers to work with instead of estimates.
During a review, I help clients:
- Understand where their Medicare dollars are going
- Identify potential savings
- Compare alternatives that may better align with their healthcare usage
Sometimes the answer is staying right where you are. Other times, a change can reduce stress and improve predictability.
Budgeting for Healthcare in Retirement
Healthcare is one of the largest expenses in retirement, and one of the hardest to predict. February is an ideal time to create clarity and confidence for the rest of the year.
We look at:
- Monthly premiums
- Annual deductibles
- Copays and coinsurance
- Prescription drug costs
- Unexpected medical needs
The goal isn’t just lower costs, it’s peace of mind.
My Commitment to Clients
I believe Medicare decisions should never feel rushed or confusing. My job is to walk you through your options, explain them in plain language, so you can choose what feels right for your health and your budget.
If rising Medicare costs have you concerned this year, let’s talk it through together.