The Trump administration tapped a Biden-era rule to negotiate lower prices on 15 widely used medications for seniors.

The Centers for Medicare and Medicaid Services has confirmed the standard monthly premium will rise to $202.90 next year.

Pharma companies are facing pricing pressure from several directions, including from the U.S. Medicare negotiations

A higher Medicare Part B premium in 2026 could erode next year's cost-of-living adjustment for Social Security recipients, experts say.

AdvaMed supports the legislation, which is intended to ensure AI-enabled devices receive an accurate CMS payment code.

The U.S. Medicare health plan said on Tuesday that newly negotiated prices for 15 of its costliest drugs will save 36% on those medications compared with recent annual spending, or about $8.5 billion in net covered prescription costs.

The 9.7% increase in the cost of Medicare Part B premiums for 2026 is due to several factors, including projected growth in Medicare Advantage and outpatient care next year

Not only do Medicare Advantage plans limit your annual out-of-pocket spending, but many offer expanded services beyond what original Medicare covers. Original Medicare, for example, generally will not pay for dental care, eye exams, or hearing aids. But many Medicare Advantage plans will.