Aging· KFF Health News

Medicare Drug Plans Are Hiking Premiums While Trump Claims Victory on Medicine Prices

By Phil Galewitz, KFF Health News · October 30, 2026

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Millions of Medicare enrollees who buy stand-alone prescription drug plans will see their average monthly premiums rise by 50% in 2027, a new analysis finds. But enrollees can avoid the average increase by switching to lower-cost plans.

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