Sweet Holy Moses!
As I said, it ain’t good news. Social Security recipients will see an increase of 2.8% but Medicare will increase. According to AARP:
But next year the Part B premium is projected to jump 11.6 percent, $21.50, to $206.50, the Medicare trustees reported in July. That would raise the Part B annual deductible by 12 percent, $31, to $288 in 2026.
For Federal Employees and retirees the Cost of Living Adjustment is also 2.8% but there are significant increases in their healthcare cost. For example a retiree on Blue Cross Blue Shield Standard “self plus one” plan will see an increase of 16.5%. Last years premium was $593. In 2026 it will be $691. BCBS Federal is one of the most popular plans among retirees.
Changes to other plans can be found on the Office of Personnel Management website. Good luck. You will need it. Hopefully the great healthcare plan that Trump has been promising for over 10 years will finally kick in.
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