Medicare Advantage plans to raise out-of-pocket costs and cut benefits for 2027
New federal data shows Medicare Advantage insurers will increase seniors' out-of-pocket expenses, reduce dental coverage and drop broad-network plans for 2027.
Federal data published this one outlet reveals that Medicare Advantage plans will shift more financial responsibility onto seniors in 2027. Insurers are set to raise out-of-pocket costs, slash dental benefits, and discontinue plans with wide hospital and doctor networks. Companies including UnitedHealth Group and Humana are leading the adjustments as they seek higher profit margins.
The revisions come after the industry secured a payment increase and delayed certain regulatory reforms. Seniors must compare plan options during the annual enrollment window that opens on Oct. 15 to prevent surprise charges. The shifts could affect many older Americans who rely on these plans for comprehensive care.
Why it matters
Higher costs and reduced coverage could strain seniors' finances and limit access to needed health services.
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