Medicare Advantage Premiums Projected to Fall in 2027

The Centers for Medicare and Medicaid Services projects weighted average monthly Medicare Advantage premiums will drop to twelve dollars in 2027. Insurers are reducing footprints and focusing on margins ahead of the open enrollment period.

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FILE PHOTO: Administrator for the Centers for Medicare and Medicaid Services, Dr Mehmet Oz, speaks next to CMS Deputy Administrator and Chief Operating Officer Kimberly Brandt during a press conference at the Eisenhower Executive Office Building on the White House campus in Washington, D.C., US, September 22, 2026. REUTERS/Evan Vucci/File Photo

Medicare Advantage weighted average monthly premiums will fall 16% to $12 in 2027 across the United States, federal data projects. The drop follows industrywide exits from unprofitable markets as insurers contend with escalating medical costs. Enrollment is estimated to reach 34 million beneficiaries next year, covering 47.4% of eligible Americans.

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