Each September, Medicare beneficiaries receive by mail the official US government Medicare handbook for the upcoming year.
A Medicare beneficiary should read the official Medicare & You 2027 handbook to navigate significant shifts in out-of-pocket costs, prescription drug rules, and benefit flexibilities taking effect for the 2027 plan year.
For example… Prescription Drug Cost Caps: The handbook, on pages 85 and 87, outlines the updated Part D annual out-of-pocket prescription drug spending cap, which rises to $2,400 for 2027, alongside details on how to use the ongoing Medicare Prescription Payment Plan to spread costs over the year.
New Coverage and Care Options: Page 92 includes details on newly expanded access criteria for specific weight-management medications (like GLP-1 drugs)
IRMAA: Medicare uses the modified adjusted gross income reported on your IRS tax return from 2 years ago to determine if you’ll pay an extra charge, called the Income-Related Monthly Adjustment Amount (IRMAA). For 2027, if your modified adjusted gross income for 2025 was above $111,000 if you file individually or $222,000 if you’re married and file jointly, then you may pay an IRMAA. Check out page 86 for more details.
Section 11 is County Specific: This is where you will find listings of Part C Medicare Advantage and Part D Prescription Drug Plans offered in your county. for 2027.
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