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Medicare open enrollment begins Thursday, with changes taking effect in 2027

Associated Press reports that open enrollment for Medicare plans begins Thursday, with higher Part D caps and new drug prices in 2027.

The short version

  • Open enrollment for Medicare plans begins Thursday, and enrollees face changes taking effect in 2027.[Associated Press]
  • The Part D annual out-of-pocket cap rises to $2,400 from $2,100, and the standard deductible rises to $700 from $615.[Associated Press]
  • The Social Security Administration announced a 3.6% cost-of-living adjustment for 2027, affecting older adults and people with disabilities.[Associated Press]
  • Trump said one-time $90 Part B premium payments are planned for October, but the reporting does not confirm how they will be implemented.[Associated Press]

Key facts

  • Medicare open enrollment begins Thursday and runs through the period described, with changes taking effect in 2027.[Associated Press]
  • The Part D annual out-of-pocket cap rises to $2,400 from $2,100 in 2026, and the standard deductible rises to $700 from $615.[Associated Press]
  • The Social Security Administration announced Wednesday a 3.6% cost-of-living adjustment beginning in 2027.[Associated Press]
  • New Medicare-negotiated prices take effect in 2027 for 15 drugs, including Ozempic, Rybelsus and Wegovy.[Associated Press]
  • Trump said his administration will make one-time $90 per-person Part B premium payments in October to help more than 20 million Medicare enrollees, costing about $2 billion.[Associated Press]

What remains uncertain

  • Trump's $90 Part B payment plan is presented as his stated intention; the reporting does not confirm how or whether the payments will be implemented.[Associated Press]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.