RealFeedApp Premiums could increase by 50% in 2027
Average monthly premiums for Medicare Part D plans are set to jump from $34 to $51 in 2027 if seniors stay on current plans. Roughly 25 million seniors get prescription drug coverage through standalone Medicare Part D plans.
- Field
- business and funding
- What they did
- Analysis shows that average monthly premiums for Medicare Part D plans are set to increase by 50% in 2027, rising from $34 to $51 if seniors remain on their current plans.
- Why it matters
- This will help seniors understand they can save money by switching to cheaper plans available during the Medicare open enrollment period.
#medicare#prescription drugs#healthcare costs#seniors
