Medicare Part D

Indiana Part D Plans for 2027: 8 Stand-Alone Drug Plans From 4 Insurers, Down From 10

INDIANAPOLIS — Hoosiers who buy a stand-alone Medicare Part D prescription drug plan will choose from 8 plans offered by 4 insurers for 2027, according to the Centers for Medicare & Medicaid Services (CMS) Landscape files. That is down from 10 plans and 5 insurers in 2026. The choices made during Medicare Open Enrollment 2027, which runs October 15 through December 7, 2026, take effect January 1, 2027.

Medicare Part DIndiana

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

Indiana has 8 stand-alone Medicare Part D prescription drug plans from 4 insurers for 2027, down from 10 plans and 5 insurers in 2026. For Part D, CMS places Indiana in a two-state region with Kentucky, and the stand-alone plans counted here are offered region-wide — meaning every plan on the Indiana list is available anywhere in the state.

Two carriers that offered stand-alone drug plans in Indiana in 2026 — Aetna Medicare and HealthSpring — are not offering stand-alone Part D plans in the state for 2027. One carrier is new to Indiana's stand-alone market for 2027: Blue Cross and Blue Shield of IL, NM, OK, TX. People whose current plan is leaving will get a non-renewal letter from the insurer and can pick a new plan during Annual Enrollment.

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

Four insurers offer stand-alone Part D plans to Indiana residents for 2027. Listed alphabetically, with the number of plans each one offers:

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

This list covers stand-alone drug plans only. Drug coverage built into a Medicare Advantage plan is counted separately and is not included in these 8 plans.

What do the 2027 Part D out-of-pocket cap and deductible limit mean for Indiana enrollees?

In 2027, the most any Part D enrollee will pay out of pocket for covered drugs in a calendar year is $2,400, and the most any Part D plan may charge as a yearly deductible is $700. The out-of-pocket cap was $2,100 in 2026, so the 2027 figure is higher.

The cap applies across every stand-alone Part D plan and every Medicare Advantage plan with drug coverage. Once a person's spending on covered prescriptions reaches $2,400 in 2027, they pay $0 for the rest of that plan year for drugs the plan covers. The $700 deductible figure is a ceiling, not a required amount — individual plans may set a deductible lower than $700, and some may set none at all. For the exact deductible of a specific plan, check that plan on the Medicare Plan Finder at medicare.gov.

The 2027 Part D base beneficiary premium, which CMS uses to calculate the late-enrollment penalty, is $41.33. Each plan sets its own premium separately.

Which Indiana stand-alone plans can a person with full Extra Help join with no premium in 2027?

For 2027, a person in Indiana who qualifies for full Extra Help (the federal Low-Income Subsidy) can enroll in 2 stand-alone Part D plans with no monthly premium. In 2026, that count was 3. CMS calls these "benchmark" plans.

Extra Help lowers drug costs for people with limited income and resources, and the Social Security Administration decides who qualifies. The specific benchmark plans change each year, so someone already enrolled in a benchmark plan for 2026 should confirm that their current plan is still a $0-premium benchmark plan for 2027. The Medicare Plan Finder flags these plans, or a caller can confirm by phone with 1-800-MEDICARE.

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

A stand-alone Part D plan sits next to Original Medicare and covers only prescription drugs; the 8 plans counted in this article are the stand-alone options available in Indiana for 2027. Most Medicare Advantage plans in Indiana bundle drug coverage into the medical plan itself, so an Advantage enrollee usually does not need a separate Part D plan.

The same federal rules apply to both — the $2,400 out-of-pocket cap and the $700 deductible ceiling cover drug coverage under either path in 2027. The choice between them is a bigger decision about how a person wants their overall Medicare to work, not just about drug coverage. Medicare.gov walks through the trade-offs.

How can an Indiana resident check a plan's drug list and pharmacies before December 7?

Before December 7, 2026, each person should run their own prescriptions through the Medicare Plan Finder at medicare.gov to confirm that each specific drug they take is on a plan's formulary and to see which pharmacies the plan treats as in-network. Those two details — the formulary and the pharmacy network — are set plan by plan and can change from one year to the next, even if a person keeps the same plan.

Steps that work for most people:

• Make a current list of prescriptions, including dose and how often.
• List the pharmacies you actually use, including any mail-order service.
• Enter them into the Medicare Plan Finder at medicare.gov, or read them to a representative at 1-800-MEDICARE.
• Review the plan's "Evidence of Coverage" or Annual Notice of Change from the insurer for 2027 specifics.

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

Indiana residents can get free, unbiased help with Part D choices for 2027 directly from Medicare. The Medicare Plan Finder at medicare.gov lets a person compare every stand-alone Part D plan available in the state side by side using their own prescription list, and 1-800-MEDICARE (TTY 1-877-486-2048) is staffed 24 hours a day, seven days a week.

The Social Security Administration announced a 3.6 percent cost-of-living adjustment for Social Security benefits payable beginning January 2027. CMS has not yet announced the 2027 Part B standard premium and deductible or the 2027 IRMAA income brackets; those figures are typically released in the fall.