Centers for Medicare & Medicaid Services

CMS Projects 16% Drop in Medicare Advantage Premiums for 2027

The U.S. Centers for Medicare & Medicaid Services is projecting a sharp decline in Medicare Advantage premiums for 2027, a move that could ease costs for millions of seniors while intensifying pressure on insurers. The forecast, reported ahead of the annual rate-setting cycle, signals a more competitive pricing environment in one of the most important government-backed health insurance markets in the United States.