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Medicare Premiums Reduction Act of 2026
To amend title XVIII of the Social Security Act to adjust the applicability of the income related monthly adjustment amount to premiums under part B of Medicare.
Summary
- Amends Medicare Part B income-related premium adjustment rules to create new thresholds and percentages beginning in 2027.
- Establishes an income threshold of $171,000 as the starting point for premium adjustments in 2027 and beyond.
- Creates new premium adjustment percentages for 2027: 65% for incomes $171,000-$205,000, 80% for incomes $205,000-$500,000, and 85% for incomes $500,000 and above.
- Limits the current income thresholds to apply only through 2026.
- Updates law references to include both the current adjustment table (through 2026) and the new adjustment table (2027 and beyond).
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
1 cosponsor
- Rep. Kim, Young [R-CA-40] (R-CA)
Money behind the sponsor
Top reported contributors to Thomas H. Kean’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $19,727
- VETERANS GUARDIAN $13,200
- ULINE $13,200
- BRODIE GENERATIONAL CAPITAL PARTNERS, $13,200
- TC SERVICES $13,200
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Thomas H. Kean → · Outside spending →
Actions (2)
- Jul 15, 2026 Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. · house
- Jul 15, 2026 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
July 15, 2026
Mr. Kean (for himself and Mrs. Kim) introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned
A BILL
To amend title XVIII of the Social Security Act to adjust the applicability of the income related monthly adjustment amount to premiums under part B of Medicare.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Medicare Premiums Reduction Act of 2026”.
SEC. 2. ADJUSTING THE APPLICABILITY OF THE INCOME RELATED MONTHLY ADJUSTMENT AMOUNT TO PREMIUMS UNDER PART B OF MEDICARE.
Section 1839(i) of the Social Security Act (42 U.S.C. 1395r(i)) is amended—
(1) in paragraph (2)(A)—
(A) by striking “beginning with 2018” and inserting “for 2018 through 2026”; and
(B) by inserting “, or, beginning with 2027, $171,000” after “$85,000”; and
(2) in paragraph (3)(C)—
(A) in clause (i)—
(i) in subclause (III), by striking “years beginning with 2019” and inserting “2019 through 2026”; and
(ii) by adding at the end the following new subclause:
“(IV) Subject to paragraph (5), for years beginning with 2027:
“If the modified adjusted gross income is:....... The applicable percentage is: More than $171,000 but not more than $205,000..... 65 percent More than $205,000 but less than $500,000......... 80 percent At least $500,000................................. 85 percent.”;
and
(B) in clause (ii)—
(i) by striking “the table under subclause
(III) of such clause” and inserting “the tables under subclauses (III) and (IV) of such clause”; and
(ii) by inserting “each” after “the second to last row of”. <all>
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