Important Updates
Medicare Part D Prescription Drug Changes Coming in 2027
Beginning January 1, 2027, Medicare Part D continues its multi-year redesign under the Inflation Reduction Act (IRA). Part D Beneficiaries will see expanded cost protections, more predictable drug spending, and updates to formularies and premiums across both Standalone Part D (PDP) and MAPD plans.
These changes are especially important for seniors managing chronic conditions, high-cost medications, and fixed incomes. $2,400 ANNUAL OUT-OF-POCKET CAP, up from $2,000 (2025) and $2,100 (2026). Applies to all Part D-covered medications. No Gap: NO COVERAGE GAP (DONUT HOLE) Beneficiaries move directly from deductible to initial coverage to capped spending. $0 VACCINES CONTINUE AT $0 COST Includes shingles, RSV, pneumonia, and other ACIP-recommended vaccines. Plus, $35 INSULIN STILL CAPPED PER MONTH. No deductible applies.
Prescription Drug Payment Plans
Beneficiaries may pay out-of-pocket drug costs in monthly installments instead of large upfront payments. Ideal for medications costing $600+ per month.
Learn more about prescription drug plan changes at Medicare.gov
We do not offer every plan available in your area. Please contact Medicare.gov, 1‑800‑MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.
Disclaimer: Licensed agents will go over Medicare plans available to you based on location and provider availability.