What is the maximum Part D deductible in 2026?

A deductible is what you pay for covered drugs before your plan starts to pay its share. Each Part D plan sets its own deductible, but none can go above $615 in 2026. Some plans have a lower deductible or none at all. Part D also has a yearly cap on what you pay for covered drugs: $2,100 in 2026. For 2027, the highest deductible goes up to $700, and the yearly cap goes up to $2,400.