Medicare Part D and 2027 Medicare Cost Changes

Reported 2027 Part D parameters include a $700 deductible ceiling and $2,400 annual out-of-pocket cap. The stabilization demonstration ends after 2026, specialty-tier thresholds rise to $1,080, and CMS is taking comments by November 23 on pharmacy payment rules that may begin in 2029; no immediate beneficiary payment change has been announced.