With Medicare premiums set to rise in 2026, is Medicare supplemental insurance worth it?

The higher Medicare costs expected in 2026 have many older adults reconsidering their coverage. s-cphoto/Getty Images

As Medicare enrollees look ahead to 2026, one thing is already clear: Healthcare isn't getting any cheaper. And, while the 2026 cost-of-living adjustment for Social Security recipients will result in seniors receiving an extra $56 per month on average, this modest raise is about to feel a lot smaller for beneficiaries due, in large part, to those rising healthcare costs. That's because Medicare Part B premiums are slated to increase to $202.90 per month next year, a nearly 10% increase that will consume almost one-third of that Social Security bump.

Next year's increases don't stop at premiums, either. The Medicare Part B deductible is slated to climb from $257