What’s changing in 2027
The changes most likely to affect what you pay next year, while you can still switch plans.
Medicare
The yearly drug cap rises to $2,400
Medicare drug plans cap what you pay for covered drugs at $2,400 in 2027, up from $2,100. The most a plan can charge as a deductible rises to $700.
Check your drugs on 2026 plansLower negotiated prices on 15 more drugs
Medicare’s negotiated prices take effect January 1 for drugs including Ozempic, Wegovy, and Rybelsus, Trelegy Ellipta, Xtandi, Ibrance, Pomalyst, Ofev, Linzess, Calquence, Austedo, Xifaxan, and Vraylar. If your plan charges a percentage of the price, your share drops. The first 10 negotiated drugs, including Eliquis and Jardiance, stay lower too.
The GLP-1 Bridge continues through 2027
People with Medicare drug coverage who qualify can keep getting Wegovy or Zepbound for weight loss for $50 a month through December 31, 2027.
Who qualifiesTelehealth from home stays covered through 2027
Medicare’s telehealth flexibilities were extended through December 31, 2027, so you can keep seeing doctors by video from home.
Premiums and deductibles for 2027 come out in the fall
CMS usually announces next year’s Part B premium and Part A and B deductibles in November. Until then, 2026 amounts are the best guide.
See 2026 Medicare costsOpen enrollment ends December 7
Compare plans now: drug lists, networks, and costs change every January. Medicare Advantage members get one more chance to switch from January 1 to March 31.
Open enrollment checklist
From CMS’s 2027 rate announcement and negotiated drug prices, IRS Rev. Proc. 2026-26, and the 2025 federal budget law’s Medicaid provisions. Amounts and dates can change; check Medicare.gov, HealthCare.gov, or your state Medicaid agency.