Medicare Part D

Tennessee Part D Plans for 2027: 11 Stand-Alone Drug Plans From 6 Insurers, Down From 12

NASHVILLE — Tennessee retirees shopping for prescription drug coverage during Medicare Open Enrollment 2027 will choose from 11 stand-alone Medicare Part D plans offered by 6 insurers across the state. That is one fewer plan than the 12 available in 2026, while the number of insurers holds at six. The federal Centers for Medicare & Medicaid Services groups Tennessee with Alabama in a two-state Part D region, and every stand-alone plan listed below is available statewide.

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

Tennessee has 11 stand-alone Medicare Part D plans from 6 insurers for 2027, compared with 12 plans from 6 insurers in 2026. The insurer count is unchanged, but the plan menu is one shorter.

CMS places Tennessee in a Part D region with Alabama, which means the same slate of stand-alone plans is offered to Medicare beneficiaries across every Tennessee county. Blue Cross and Blue Shield of IL, NM, OK, TX is new to the state's stand-alone market for 2027. HealthSpring offered stand-alone drug plans in Tennessee in 2026 but is not on the 2027 list.

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

Six insurers offer stand-alone Part D plans in Tennessee for 2027. In alphabetical order, they are:

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

That totals 11 plans. This list is not a ranking. Premiums, deductibles, copays, formularies (drug lists) and pharmacy networks vary by plan and should be checked directly on the Medicare Plan Finder at medicare.gov or with the insurer.

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

In 2027, no one in a Medicare Part D plan will pay more than $2,400 out of pocket for covered prescription drugs in the calendar year, and no Part D plan may charge a deductible higher than $700. The out-of-pocket cap is $2,100 in 2026, so the 2027 figure is $300 higher.

The $2,400 ceiling applies after a member's own spending on covered drugs reaches that amount; from that point in the year, the plan covers covered drugs with no further cost-sharing from the member. The $700 figure is the maximum any plan may set as its deductible — individual plans in Tennessee may set a lower deductible or none at all. The national Part D base beneficiary premium for 2027 is $41.33, a figure CMS uses in the late-enrollment penalty calculation; actual plan premiums are set plan by plan.

Which Tennessee Part D plans can a person with full Extra Help join with no premium in 2027?

Two of Tennessee's 11 stand-alone plans in 2027 are low-income benchmark plans, meaning a person who qualifies for the full federal Extra Help (Low Income Subsidy) can enroll with no monthly premium. In 2026, two plans also carried that benchmark status.

Extra Help lowers premiums, deductibles and copays for people with limited income and resources. The Social Security Administration takes Extra Help applications, and Medicare.gov lists which specific plans currently carry benchmark status in the Alabama-Tennessee region.

How does stand-alone Part D in Tennessee compare with drug coverage inside Medicare Advantage?

Stand-alone Part D plans are separate drug-only policies that work alongside Original Medicare, while most Medicare Advantage plans in Tennessee build drug coverage into a single bundled plan. The 11 plans counted here are only the stand-alone drug plans; Medicare Advantage prescription drug coverage is counted separately and is not part of this total.

A Tennessean who stays with Original Medicare and wants prescription coverage generally pairs it with a stand-alone Part D plan. A Tennessean who enrolls in a Medicare Advantage plan that includes drug coverage usually gets Part D through that plan and would not add a separate stand-alone PDP.

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

The Medicare Plan Finder at medicare.gov is the official tool for checking whether a specific Part D plan covers a specific drug and which Tennessee pharmacies are in-network, and it should be used before the December 7, 2026 deadline. Medicare Open Enrollment 2027 runs October 15 through December 7, 2026, and whatever a member chooses in that window takes effect January 1, 2027.

A careful check includes entering current prescriptions by name and dosage, listing preferred pharmacies (including mail order if used), and reviewing the plan's documents — the Summary of Benefits and the formulary — from the insurer directly. Formularies and pharmacy networks can change year to year, so a plan that fit in 2026 may fit differently in 2027.

Where can Tennesseans get free help with Medicare Part D for 2027?

Medicare.gov and 1-800-MEDICARE (available 24 hours a day, seven days a week) provide free help with Part D questions in Tennessee for 2027. Both can walk through the Plan Finder, explain Extra Help, and confirm Annual Enrollment dates.

The Social Security Administration announced a 3.6 percent cost-of-living adjustment for benefits payable beginning January 2027, which may affect household budgeting even though it does not change how Part D plans are structured. CMS has not yet announced the 2027 Part B standard premium, the 2027 Part B deductible, or the 2027 IRMAA income brackets; those figures are typically released in the fall.