Social Security COLA Increase Offset by Rising Medicare Premiums in 2026
Social Security recipients will see a 2.8% cost-of-living adjustment (COLA) in 2026, but the gains are tempered by a nearly 10% hike in Medicare Part B premiums. The standard monthly premium will rise to $202.90, up $17.90 from 2025, directly reducing the net benefit increase for retirees.
For the average retiree receiving $2,015 monthly, the COLA WOULD typically add $57. However, after Medicare deductions, the net increase shrinks to just $39.10. The automatic deduction of Part B premiums from Social Security payments ensures the impact is immediate and unavoidable.
Medicare Part B covers essential services like doctor visits and outpatient care, making the premium increase a non-negotiable expense for most beneficiaries. The juxtaposition highlights the fragile balance between inflationary adjustments and rising healthcare costs for fixed-income retirees.
