Medicare Annual Enrollment Period is here ! Oct 15 - Dec 7, 26 Response within 24 hr
Medicare Annual Enrollment Period is here ! Oct 15 - Dec 7, 26 Response within 24 hr
Medicare Advantage: Michigan will have 181 plans in 2027, down from 192 in 2026. The average monthly plan premium increases from $14.88 to $16.21. All Michigan residents with Medicare have access to an MA plan, including a $0-premium option. Source: CMS Michigan fact sheet
Stand-alone Part D: Michigan will have 11 prescription drug plans, with premiums starting at $5.30 per month. About 45% of current stand-alone Part D enrollees have access to a plan with a lower premium than they paid in 2026. Source: CMS Michigan fact sheet
Part B: The standard premium is $202.90 per month in 2026. The 2027 estimate is $209.50, but the final 2027 premium and deductible have not been announced. Sources: CMS 2026 Part B rates and 2026 Medicare Trustees Report
Part D costs: The annual out-of-pocket threshold rises from $2,100 in 2026 to $2,400 in 2027. The national base premium used to calculate Part D late-enrollment penalties rises from $38.99 to $41.33; it is not an individual plan’s premium. Sources: CMS 2027 rate announcement and CMS Part D premium fact sheet
At K-Financial Solutions, we strive to empower you with the knowledge and resources needed to make informed health insurance decisions. Our mission is to provide comprehensive coverage options tailored to your unique needs.
Not affiliated with the U.S. government or federal Medicare program. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800 MEDICARE to get information on all of your options