Medicare drug plans are hiking premiums while Trump claims victory on medicine prices

By: Phil Galewitz/KFF Health News

Outlets: Nevada Current

Published: November 2, 2026

Words: 819

Last Updated: 1 week ago


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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 — from $34 a month to $51 — by switching to lower-cost plans during the program’s open enrollment period, which runs through Dec. 7.

Robert Travis Scott of Abingdon, Virginia, did just that in late October after he received a notice …

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