KFF: Part D drug plan premiums projected to jump 50% to $51 a month in 2027

KFF projects the average stand-alone Medicare drug plan premium rises from $34 to $51 a month unless enrollees switch plans. Medicare open enrollment runs through December 7.

In this brief: 3 sections 1 min read

- Stand-alone PDP average: $34 in 2026, projected $51 in 2027 (+50%)
- Eight national PDPs range from about $6 to $204 a month
- Wellcare Value Script Rx: $6.50; AARP Medicare Rx Preferred: $204.50 (from $126)
- MA-PD drug premium: projected $9, up less than $2
- PDP average deductible: $643, up from $540
- MA-PD average deductible: $489, up from $360
- 99.8% of PDP enrollees face a deductible, up from 96%
- Maximum allowed deductible: $700, up from $615
- KFF's projection assumes enrollees don't switch. Plan changes for 2027 can be made during Medicare open enrollment, which runs through December 7. People in zero-premium PDPs today won't find one in 2027, per KFF.

Read full analysis on kff.org

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