RPEC Weekly NewsFlash, July 11, 2025

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2026 PEBB Medicare Premium Rates Approved

This week, the Public Employees Benefits Board (PEBB) approved 2026 premium rates for Medicare-eligible insurance plans for public sector retirees who receive their insurance through the Washington Health Care Authority (HCA).

The most notable outcome of the PEBB meeting was the proposed 2026 premiums for the Uniform Medical Plan (UMP) Classic Medicare with Part D prescription drug coverage. The 2026 premium will be $369.92, down $49 from the 2025 premium of $419.36, bringing the premiums for this popular plan almost back to 2022 levels. The UMP Classic Medicare plan was the only plan that…

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