09/28/2026
Medicare Part D changes are coming in 2027, and understanding how they may affect your prescription drug coverage is more important than ever.
Key updates include:
📌 An increase in the annual out-of-pocket maximum from $2,100 to $2,400
📌 A higher maximum deductible of $700
📌 The end of temporary premium stabilization subsidies after 2026
📌 Continued protections, including prescription drug spending caps, vaccine coverage, and insulin cost-sharing protections
With plan costs, formularies, pharmacy networks, and coverage rules subject to change, reviewing your options each year can help ensure you're getting the coverage that best fits your needs.
While Morris & Garritano does not offer Part D drug plans, we provide resources and guidance to existing policyholders navigating Medicare decisions. California residents can also access free, unbiased Medicare counseling through HICAP.
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