MEDICARE PART D · 2027

Your drug cap rises to $2,400

What changes on Jan. 1

Photo: Library of Congress / Wikimedia Commons, public domain

The new cap

$2,400

yearly out-of-pocket limit

After that, covered Part D drugs cost $0 for the rest of 2027.

Photo: Library of Congress / Wikimedia Commons, public domain

The deductible

$700

maximum, up from $615

Many plans charge less, and some charge no deductible at all.

Photo: Library of Congress / Wikimedia Commons, public domain

Why it rose

13.65%

growth in drug spending

The law ties both numbers to Part D spending growth.

Photo: Library of Congress / Wikimedia Commons, public domain

Premiums

$36

projected average a month

A CMS subsidy ended, so some stand-alone plans cost more.

Photo: Library of Congress / Wikimedia Commons, public domain

Your deadline

Dec. 7

last day to switch plans

Compare total yearly cost on Medicare Plan Finder, not just the premium.

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Compare before Dec. 7

See who pays more and 6 steps to cut costs

Read the full guide

nexgenheadlines.com

Photo: Library of Congress / Wikimedia Commons, public domain