Why it matters
The projected increase could raise costs for millions of Medicare enrollees who buy stand-alone drug plans. The analysis says lower-cost options may allow enrollees to avoid the average increase.
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A new analysis finds that average monthly premiums for stand-alone Medicare prescription drug plans will rise 50% in 2027. Enrollees may avoid the average increase by switching to lower-cost plans, according to KFF Health News.
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The projected increase could raise costs for millions of Medicare enrollees who buy stand-alone drug plans. The analysis says lower-cost options may allow enrollees to avoid the average increase.