Medicare Part D premiums expected to rise 50% on average in 2027, KFF warns seniors to compare plans
KFF analysis shows average monthly premiums for Medicare Part D standalone plans will jump from $34 to $51 in 2027, a 50% increase if seniors stay in their current plans.
Premiums vary widely across carriers, ranging from $6 to $204 per month, underscoring the need for careful plan comparison.
Roughly 25 million seniors rely on standalone Part D coverage, and about 10.4 million who do not qualify for financial assistance will face higher costs.
The rise follows the termination of a Trump‑era program that limited premium hikes, and open enrollment runs through Dec 7, giving seniors a chance to switch to cheaper options.
This writeup was produced by pharmadog from original reporting by BioPharma Dive.
Original headline: “Medicare Part D premiums are spiking 50% on average next year, KFF finds”
read at BioPharma Dive ↗
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