News about Medicare

Medicare open enrollment runs until Dec. 7 for plans effective Jan. 1, and several changes could raise costs. The Part D out-of-pocket cap rises to $2,400 from $2,100 in 2026, the standard deductible rises from $615 to $700, and the Trump administration is ending a temporary Part D premium subsidy. KFF estimates that AARP Part D enrollees who don't change plans will see monthly premiums rise by $50 or more in all 50 states, more than $75 in 37 states and more than $100 in four states, while the AARP Medicare Rx Saver plan will rise by $50 or more in 33 states. Together the two plans have more than 2 million members, and 15 drugs including Ozempic, Rybelsus and Wegovy will get Medicare-negotiated prices starting Jan. 1.