From Kiplinger · · 1m
Medicare Part D Premiums Hold Steady in 2027
Medicare Part D premiums stay near $36 monthly in 2027 despite subsidy cuts.
In brief
Medicare Part D premiums stay near $36 monthly in 2027 despite subsidy cuts. Medicare Part D beneficiaries face stable monthly premiums of $36 in 2027 after federal subsidy cuts. Originally reported by Kiplinger.
Medicare Part D Subsidies End
CMS ended federal subsidies for Part D premiums in August, affecting 56.1 million beneficiaries.
2027 Premium Projections
Average stand-alone Part D premiums rise less than $1 to $36.00 from $35.09 in 2026.
Higher Out-of-Pocket Costs
Beneficiaries face a $2,400 out-of-pocket maximum and $700 deductible in 2027.
Market Conditions Return to Normal
CMS says Part D market is returning to normal competitive conditions after subsidy cuts.
MA-PD Plan Discounts
MA-PD plans see 38% premium drop to $7.00 from $11.32 in 2026 after rebates.
Access to Affordable Plans
88% of non-low-income beneficiaries can access basic Part D plans for $10.30 or less monthly.
The key point
Medicare Part D beneficiaries face stable monthly premiums of $36 in 2027 after federal subsidy cuts.
