An elderly man waits for his prescription to be filled at a CVS pharmacy in New York. Robert Nickelsberg/Getty Images

Senior citizens are the latest group of Americans to face steep increases in their health insurance premiums for 2026.

Medicare Part B premiums will jump nearly 10% next year, the largest increase in four years and second-largest hike, in dollar terms, in the program’s history. The standard monthly premium will be $202.90, an increase of $17.90 from this year, according to the Centers for Medicare and Medicaid Services. That will eat up nearly one-third of the $56 monthly Social Security cost-of-living adjustment that retirees will receive in 2026.

The steep increase in premiums for Medicare Part B — which covers doctors’ visits, outpatient hospital services, medic

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