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Medicare Drug Plans Are Hiking Premiums While Trump Claims Victory on Medicine Prices
Millions of Medicare enrollees who buy stand-alone prescription drug plans will see their average monthly premiums rise by 50% in 2027, a new analysis finds. But enrollees can avoid the average increase by switching to lower-cost plans.
AI Summary
Millions of Medicare enrollees who purchase stand‑alone prescription drug plans face an average monthly premium increase of about 50 percent in 2027, according to a new analysis. The rise applies to the average cost of these plans across the nation. However, the analysis notes that enrollees can sidestep the higher premiums by switching to lower‑cost alternatives available in the marketplace.
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