The U.S. announced a 5.06% average increase in the government's final reimbursement rates for 2026 Medicare Advantage health plans run by private insurers, more than double the increase it proposed in January.

Centers for Medicare & Medicaid Services (CMS), which oversees Medicare and Medicaid programs, said Tuesday that payments from the federal government to Medicare Advantage plans would increase by 5.06% in its 2026 calendar year, more than double what it proposed in January.

Health insurers that offer Medicare Advantage plans to seniors cheered a Trump administration decision announced Monday to increase federal reimbursement rates by $25 billion next year, double previous estimates.