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Just The Facts

What's Changing In Your Medicare Plan for 2026?
Medicare undergoes changes each year, but the updates for 2026 are especially significant. Here are a few key highlights to keep in mind:
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Medicare Part B premiums are projected to rise from $185 to $206.50.
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Part D premiums will increase slightly, and deductibles will go from $590 to $615.
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The annual out-of-pocket cap for Part D prescription drugs will increase from $2,000 to $2,100.
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Medicare Advantage plans are scaling back supplemental benefits, like groceries, Utilities and Transportation.
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Anthem, and certain insurers may exit specific markets. If your plan is affected, you’ll be notified by mail and will have the opportunity to choose new coverage during open enrollment.
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Beginning in January 2026, Medicare will begin implementing negotiated prices for many high-cost medications. This should lead to savings on drugs, though it could also impact plan premiums.
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Medicare Advantage plans will be required to improve the accuracy of their provider directories. This means up-to-date information when choosing your healthcare providers.
I understand that navigating these changes can feel overwhelming. I’m here to help you review your options and make informed decisions that best suit you.
If you would like a review or just have questions regarding your current Medicare plan, please call and leave a message 757.692.8388 or email rrish@asb.insure to schedule a time with Retha.
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