Medicare Part D

Florida Part D Plans for 2027: 11 Stand-Alone Drug Plans From 6 Insurers, Up From 10

TALLAHASSEE — Floridians who buy a stand-alone Medicare prescription drug plan will have a slightly wider shelf to choose from in 2027. According to CMS Landscape files, the state's Part D region will host 11 stand-alone plans from 6 insurers next year, up from 10 plans and 5 insurers in 2026. The pickup is Blue Cross and Blue Shield of IL, NM, OK, TX, which is new to Florida's stand-alone market for 2027.

The Annual Enrollment Period for 2027 coverage runs October 15 through December 7, 2026. Choices made in that window take effect January 1, 2027.

How many stand-alone Part D plans are offered in Florida for 2027?

Florida has 11 stand-alone Medicare Part D prescription drug plans from 6 insurers for 2027, compared with 10 plans from 5 insurers for 2026. That is a net gain of one plan and one insurer year over year, based on the CMS 2027 and 2026 Landscape files.

Stand-alone plans are offered across the CMS "Florida" Part D region, meaning every plan counted here is available statewide — from Pensacola to Key West. The counts do not include the drug coverage that comes bundled inside Medicare Advantage plans; those are counted separately and vary by county.

Which insurers offer stand-alone Part D plans in Florida for 2027?

Six insurers are selling stand-alone Part D plans in Florida for 2027. Listed alphabetically with their plan counts:

• Aetna Medicare — 1 plan
• Blue Cross and Blue Shield of IL, NM, OK, TX — 1 plan
• Florida Blue — 2 plans
• Humana — 3 plans
• UnitedHealthcare — 2 plans
• Wellcare — 2 plans

Blue Cross and Blue Shield of IL, NM, OK, TX is new to the Florida stand-alone market for 2027. The other five carriers also offered stand-alone drug plans in the state in 2026.

What do the 2027 Part D out-of-pocket cap and deductible limit mean in Florida?

In 2027, no one with a Medicare Part D plan — in Florida or anywhere else — will pay more than $2,400 out of pocket for covered prescription drugs during the calendar year. That cap, set in federal law, is up from $2,100 in 2026. Once a member's covered drug spending reaches the cap, the plan picks up 100% of the cost of covered prescriptions for the rest of the year.

The second number to know is the deductible ceiling. The most any Part D plan may charge as an annual deductible in 2027 is $700. Individual plans can set a lower deductible, or no deductible, but none may charge more. Specific deductible amounts, copays and drug lists vary plan by plan; the Medicare Plan Finder at Medicare.gov is the place to see them side by side.

How many Florida Part D plans can someone with full Extra Help join with no premium in 2027?

One stand-alone Part D plan in Florida qualifies as a low-income benchmark plan for 2027, meaning a person who receives full Extra Help from Medicare can enroll in it with no monthly premium. The 2026 count was also one plan.

Extra Help, also called the Low Income Subsidy, lowers Part D premiums, deductibles and copays for people who meet income and resource limits. Applications are free and are handled by the Social Security Administration or at Medicare.gov. People who already have Medicaid, Supplemental Security Income or a Medicare Savings Program typically qualify automatically.

How does stand-alone Part D in Florida compare with the drug coverage built into Medicare Advantage?

Stand-alone Part D plans pair with Original Medicare (Parts A and B) and cover only prescription drugs. The 11 plans counted here are those stand-alone options, and all 11 are available anywhere in Florida because the state is a single Part D region.

Most Medicare Advantage plans include prescription drug coverage as part of the medical package, which is why someone enrolled in such a plan generally does not need a separate Part D plan. Those Medicare Advantage drug plans are counted and offered by county, not statewide, and they are not part of the 11-plan total. The same federal rules — the $2,400 out-of-pocket cap and the $700 maximum deductible — apply to the drug portion of a Medicare Advantage plan in 2027.

How can Floridians check a plan's drug list and pharmacies before December 7, 2026?

The Medicare Plan Finder at Medicare.gov lets Florida residents enter their ZIP code and the names of the medications they take, then shows each 2027 plan's formulary (drug list), preferred and standard pharmacies, mail-order options and estimated yearly cost. 1-800-MEDICARE (TTY 1-877-486-2048) is open 24 hours a day, seven days a week, and can walk a caller through the same comparison.

Two steps worth doing before December 7, 2026:

• Confirm that each prescription a person takes appears on the plan's 2027 formulary and check any restrictions, such as prior authorization or step therapy.
• Confirm that a usual pharmacy — including any mail-order service — is in the plan's 2027 network.

The plan's own 2027 Annual Notice of Change, mailed in the fall, spells out what is changing from 2026 to 2027.

Where can Floridians get free help choosing a 2027 Part D plan?

Free, unbiased help is available from Medicare itself. Medicare.gov hosts the Plan Finder and plan documents; 1-800-MEDICARE handles questions and enrollment by phone around the clock.

Also worth noting on the broader Medicare calendar: the Social Security Administration announced on October 14, 2026 a 3.6 percent cost-of-living adjustment for benefits payable beginning January 2027. The 2027 Part B standard premium and deductible, and the 2027 IRMAA income brackets, have not yet been announced; CMS typically releases those figures in the fall. The Part D base beneficiary premium — a national figure used to calculate the late-enrollment penalty, not what any one plan charges — is $41.33 for 2027.