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Drew Blankenship

Your Prescription Is Covered This Year — Don’t Assume the Same Pharmacy Will Be Cheapest in 2027

Medicare prescription costs
A pharmacy can participate in your Medicare drug plan without offering its lowest copays. Comparing preferred pharmacies for 2027 could reveal savings on medications you already take. BCFC/Shutterstock

You already know your prescriptions are covered, your neighborhood pharmacy has them ready every month, and the pharmacist even knows your name, so why complicate things for 2027? Because with Medicare Part D, having a covered drug doesn’t necessarily mean you’ll pay the same amount at every pharmacy that accepts your plan. Medicare explains that some plans designate certain locations as preferred in-network pharmacies, where members may have lower copayments or coinsurance than at other pharmacies in the same network.

That means the pharmacy that worked perfectly for your Medicare prescription costs in 2026 isn’t automatically the least expensive choice for 2027. Before Medicare Open Enrollment ends December 7, it pays to compare not just your drug plan but exactly where you intend to fill each prescription.

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