CMS Projects 2027 Medicare Advantage Premiums to Drop 16% Despite Enrollment Disputes
The Centers for Medicare & Medicaid Services (CMS) announced that average monthly premiums for Medicare Advantage plans will decrease by 16% to $12 in 2027, while stand-alone Part D prescription drug premiums will rise slightly to $36. Although insurers predict enrollment declines, CMS expects higher participation. Open enrollment runs from October 15 to December 7.