Medicare beneficiaries face one of the most consequential enrollment seasons in years, as the elimination of a key Part D premium subsidy and shifting Medicare Advantage reimbursements are set to reshape costs and coverage during the 2027 Annual Enrollment Period.

From Oct. 15 to Dec. 7, Medicare beneficiaries can join, switch or drop a Medicare Advantage plan or a Part D prescription drug plan, or move between original Medicare and Medicare Advantage. The choices they make take effect Jan. 1, 2027.

Current beneficiaries automatically re-enroll in their current policies or plans in 2027 unless they make changes during the OEP that begins in…

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