My Part D premium for 2026 unexpectedly rose to $70.60, marking a $48 increase — a staggering 218%. I only found out about this by checking my bank statement. The company claims they sent a notice to both my spouse and me, but neither of us received anything. The only correspondence was a new insurance card with an updated name.
I'm frustrated by the lack of transparent communication and the magnitude of the increase. Such a significant change should be clearly communicated and easily understandable for customers. Instead, I had to uncover it myself after the fact.
This situation has led me to reconsider my options with the company, and I believe others should also evaluate their choices carefully and keep a close eye on their statements. I plan to switch providers as soon as the next enrollment period opens. Until then, I am compelled to pay over $840.00 for the same coverage that I had just last week for $264.00 for four generic low-cost medications.
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