First look 2027 medicare D and some of the news isn't good.
Although not an agent I am on some medicare insurance agent forums because the information they post is useful. First of all, the subsidies that the government gave medicare D plans is not going to exist in 2027 (law expired). It is about $16/mo per person. This means that likely premiums will go up or the companies will make other adjustments to their formularies, tiers of drugs, copays, premiums, etc. to bring in more money to make up for that income cut (and remember inflation affects this too).Information is starting to come out about what is happening with Medicare D (both as a stand alone D and some discussion as part of advantage plans) for 2027. While information can be state specific and sometimes county specific for actual D premiums, etc. the general picture of what is happening next year will likely hold across all D plans.First of all the maximum out of pocket is going up to $2400. The maximum deductible is going up to $700. This doesn’t mean all plans will charge the max
