Medicare Part B Premium 2027: the $6.60 Increase Cuts Into Your 3.6% COLA

The Medicare trustees project the standard Part B premium at $209.50 a month in 2027, a rise of $6.60 from the 2026 level of $202.90, according to the 2026 Medicare Board of Trustees report issued June 9. Most people never see that number as a bill. For the roughly 6 in 10 beneficiaries who have the premium deducted straight from a Social Security check, the number that matters is how much of the 2027 cost of living adjustment the increase consumes. The 3.6 percent COLA brought the average retired worker benefit to about $2,170 a month, a raise near $75. The $6.60 premium hike takes roughly 9 percent of it before a single dollar reaches a checking account.

Key Takeaways The Medicare trustees…