Medicare open enrollment runs to Dec 7 as 2027 premiums and deductibles rise
The gist
Medicare open enrollment is open through Dec. 7, with 2027 Part D deductibles rising from $615 to $700.
More than half of beneficiaries are in Medicare Advantage, where plan options are shrinking.
How it unfolded
- 1965Medicare was created, with its hospital and physician care pieces dating to this year.
- 2003The Medicare prescription drug benefit passed.
- 2025The Postal Service Health Benefits Program was implemented, making Medicare Parts A and B a requirement for most Postal Service annuitants to keep PSHB coverage.