2027 alertHumana, Wellcare, Medical Mutual of Ohio and 6 other companies end some Medicare Advantage plans in Ohio on December 31. (CMS data) 23 days left in Annual Enrollment (ends Dec. 7).Is your plan ending? →
Questions

Which drugs have Medicare negotiated prices for 2027?

On January 1, 2027, negotiated prices take effect for 15 more Part D drugs, including Ozempic, Wegovy and Rybelsus, Trelegy Ellipta, Otezla and Janumet. Six of the first 10 drugs, such as Eliquis and Jardiance, keep their 2026 prices. Stelara, Xarelto, Entresto and NovoLog/Fiasp leave the program because generics or biosimilars are now marketed.

Drugs with Medicare negotiated prices in 2027

DrugCommonly used forNegotiated price since
Ozempic, Rybelsus, Wegovy (semaglutide)type 2 diabetes; Wegovy also heart-risk reduction and weight management2027
Trelegy ElliptaCOPD, asthma2027
Breo ElliptaCOPD, asthma2027
Otezla, Otezla XRpsoriasis, psoriatic arthritis2027
Janumet, Janumet XRtype 2 diabetes2027
Tradjentatype 2 diabetes2027
Xtandiprostate cancer2027
Ibrancebreast cancer2027
Calquencechronic lymphocytic leukemia, lymphoma2027
Pomalystmultiple myeloma2027
Ofevpulmonary fibrosis2027
Linzesschronic constipation, IBS with constipation2027
Xifaxanhepatic encephalopathy, IBS with diarrhea2027
Austedo, Austedo XRHuntington's chorea, tardive dyskinesia2027
Vraylarschizophrenia, bipolar disorder, depression2027
Eliquisatrial fibrillation, blood clots2026
Jardiancetype 2 diabetes, heart failure, kidney disease2026
Farxigatype 2 diabetes, heart failure, kidney disease2026
Januviatype 2 diabetes2026
Enbrelrheumatoid arthritis, psoriasis2026
Imbruvicablood cancers2026

CMS posts the negotiated prices and an explanation for each drug on its "Selected drugs and negotiated prices" page.

Drugs that lose their negotiated price on January 1, 2027

A drug leaves the program once a generic or biosimilar of it is approved and marketed. CMS made that determination for four first-round drugs, so their 2026 negotiated prices end December 31, 2026:

  • Stelara (biosimilars marketed)
  • Xarelto (generic marketed)
  • Entresto (generic marketed)
  • NovoLog and Fiasp insulins (the insulin cap of $35 a month still applies)

If you take one of these, read your plan's 2027 Annual Notice of Change to see how it covers the brand and any generic or biosimilar.

What it means for you in Ohio

  1. Check the formulary, not the price list. A negotiated price doesn't guarantee your plan covers the drug or sets a low copay. Look up your drugs on PlanMatch or Medicare.gov's Plan Finder.
  2. Remember the yearly cap. Whatever the price, your 2027 out-of-pocket spending on covered Part D drugs stops at the cap. See the 2027 cap.
  3. Weight loss is still excluded. Semaglutide's negotiated price doesn't let Part D plans cover it for weight loss alone; the separate Medicare GLP-1 Bridge covers Wegovy for eligible people through 2027.
  4. Compare before December 7, 2026. You can request a call from a licensed insurance agent, who can compare plans from the companies they work with.

See all 24 drug pages at Medicare drug coverage in Ohio.

What is the Part D out-of-pocket cap for 2027?

The most you pay for covered drugs.

Is there still a Medicare donut hole?

How Part D changed in 2025.

Sources

More questions in this guide

Part of the guide: Medicare Part D in Ohio · All questions

Frequently asked questions

Does a negotiated price mean my copay goes down?

Not necessarily. The negotiated price (the maximum fair price) is what Part D plans and pharmacies pay. Your copay or coinsurance is set by your plan, so check its 2027 formulary.

Do negotiated prices work at every Ohio pharmacy?

The negotiated price applies when a Part D plan covers the drug for someone with Medicare. Your plan's pharmacy network still affects what you pay, so use an in-network pharmacy.

Which drugs are next?

In January 2026 CMS selected 15 drugs for prices starting in 2028, including Trulicity and, for the first time, drugs covered under Part B, and chose Tradjenta for renegotiation.

Licensed insurance agents for Ohio

These independent insurance agents are licensed in Ohio and work with Benefits Life, the publisher of this site. When they enroll you in a plan, the agent and Benefits Life may be paid by the insurance company. Learn more.

Rachael Winter

Rachael Winter

Accepting new clients

Independent licensed insurance agent in Ohio

Columbus

Colin Lewis

Colin Lewis

5.0 out of 5 stars (1 review on MedicareAgents.com)

Accepting new clients

Independent licensed insurance agent in Ohio

Littleton, CO · English

Tri Ma

Tri Ma

Accepting new clients

Independent licensed insurance agent in Ohio

Westminster, CO · English, Vietnamese

Chiara Lewis

Chiara Lewis

5.0 out of 5 stars (4 reviews on MedicareAgents.com)

Accepting new clients

Independent licensed insurance agent in Ohio

Littleton, CO · English

See all Ohio agents →

Request a call from

Only this agent gets your request. No cost to you.