CMS Projects Medicare Advantage Premiums to Fall 16.5% to $12 a Month in 2027
The Centers for Medicare & Medicaid Services (CMS) has projected that the weighted average monthly premium for Medicare Advantage plans will fall from $14.37 in 2026 to $12.00 in 2027, a decline of 16.5%. The figure covers plans with prescription drug coverage and Special Needs Plans.
For Medicare Advantage plans that include drug coverage, the average monthly Part D premium after rebates is projected to drop 38%, from $11.32 to $7, CMS said. The average premium for stand-alone Part D prescription drug plans is projected to rise by less than $1, from $35.09 to $36, with broad pricing stability across the Part D market.
CMS released the figures ahead of the Medicare Open Enrollment period, which runs from October 15 to December 7, 2026, so beneficiaries can compare 2027 plans. CMS Administrator Dr. Mehmet Oz said Medicare Advantage and prescription drug programs are expected to remain stable in 2027.
State-by-state fact sheets and the 2027 plan landscape files are available on the CMS website, the agency said.
(Source: Centers for Medicare & Medicaid Services)
Source: Centers for Medicare & Medicaid Services
Published by GSM · USA (original Chinese edition)
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