EP22 Your Part D Clients Are About to Pay More

CMS set the 2027 Part D base beneficiary premium at $41.33, the maximum 6% annual increase, while ending the temporary Part D Premium Stabilization Demonstration after 2026. The standard deductible rises to $700 and the out-of-pocket cap to $2,400.For agents, the biggest watchpoint is standalone PDP coverage. The demonstration reduced average PDP premiums, while MA-PD coverage was never included. In 2026, average monthly premiums were $36 for PDPs versus $8 for MA-PDs.This episode explains how to turn those changes into review appointments without quoting plan-specific 2027 prices before fall landscape data and September ANOCs arrive.🔑 Key Topics Covered2027 Part D premium changesEnd of PDP stabilizationPDP versus MA-PD premiumsTiming plan-specific conversations🎯 What This Means for AgentsPrioritize standalone PDP clients for reviewsAvoid quoting unavailable 2027 plan premiumsUse September ANOCs to verify changesBook review appointments before Open Enrollment🔗 SourcesCMShttps://www.cms.gov/newsroom/fact-sheets/medicare-part-d-2027-national-average-monthly-bid-amount-informationKFFhttps://www.kff.org/quick-insights/cmss-decision-to-end-temporary-subsidies-to-medicares-stand-alone-drug-plans-could-mean-larger-premium-increases-for-some-beneficiaries-next-year/📌 GO-DO: Book PDP ReviewsIdentify every client with a standalone Part D plan and send one compliant heads-up within 48 hours asking them to book a ten-minute September review after their Annual Notice of Change arrives. Prioritize Original Medicare clients paired with a Medicare Supplement and PDP, and reserve review slots now.Infographic: https://www.psmbrokerage.com/hubfs/The%20Insurance%20Producers%20Guild/IPG_EP22_Infographic.pngSlides: https://www.psmbrokerage.com/hubfs/The%20Insurance%20Producers%20Guild/IPG_EP22_Slides.pdfThe Insurance Producers Guild Podcast delivers intelligence for insurance agents looking to stay ahead of industry trends.Follow the show and connect with PSM Brokerage to access tools, training, and support designed to help you grow your business.Learn more: https://www.psmbrokerage.com