Medicare Changes for 2027: Part D Cap, Premiums and Drug Prices
Reviewed October 4, 2026. The biggest Medicare changes for 2027 are in prescription drug coverage: the Part D out-of-pocket cap rises to $2,400 and the standard deductible to $700, while negotiated prices for 15 more drugs, including Ozempic and Wegovy, take effect January 1, 2027. CMS also projects the average Medicare Advantage premium will fall
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