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As Trump Claims to Bring Drug Prices Down, Medicare Drug Plans Hike Premiums
Millions of Medicare enrollees will see premiums rise by 50 percent in 2027, a new analysis finds.
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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 — from $34 a month to $51 — by switching to lower-cost plans during the program’s open enrollment period, which runs through Dec. 7. Robert Travis Scott of Abingdon, Virginia…
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