This is bad news for seniors on Medicare, since coverage is getting more expensive and some plans are disappearing.

• Medicare open enrollment is open now for people 65 and older.
• Some private insurers are dropping their Medicare Advantage plans in 2027, so people on those plans need to find new coverage.
• Medicare Part B premiums are going up, and deductibles are rising across plans.
• The cap on out-of-pocket costs for prescription drug coverage is also increasing.

Outlook: Seniors should check their current plan during enrollment, since costs are set to climb and some coverage options will disappear.