Medicare’s Drug Deductible Jumps to $700 in 2027 — and the Subsidy Holding Down Your Premium Is Gone

If you buy a stand-alone Medicare drug plan, two things are about to happen to you at once. The most you can be charged before coverage kicks in is going up. And a federal subsidy that’s been holding down your premium for two years is disappearing.

Neither one made the evening news. Both will show up on your bill in January.

I’ve been a CPA since 1981, and I’ve learned that the biggest money changes are usually the ones announced in a press release nobody reads. This is one of those.

Let me walk you through what’s changing, who’s going to feel it and what you can do about it before open enrollment.

What’s changing on Jan. 1

Start with the…

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