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CMS issues final 2027 Medicare Advantage and Part D Payment Rates

A photo of CMS administrator Dr Mehmet Oz holding his arms out in front of him.
CMS administrator Dr Mehmet Oz. Photo: Andrew Harnik/Getty Images

Kevin Kinsella

3 min read
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Payor and provider groups are saying the rate increases may not be enough to stave off cuts to coverage.

The Centers for Medicare & Medicaid Services (CMS) has released a calendar year (CY) 2027 rate announcement for Medicare Advantage (MA) and Part D.

According to the press release announcing the new reimbursement rates to insurers, the finalized policies aim to improve “payment accuracy” across both programs, as well as advance

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