Medicare Advantage premiums, benefits stable for ’25, CMS says: 10 notes

Becker's Healthcare September 27, 2024
Rylee Wilson

Average Medicare Advantage premiums and Medicare Part D premiums will decrease in 2024, CMS said Sept. 27.

The average Medicare Advantage monthly premium in 2025 will be $17, down from $18.23 in 2024, according to a CMS news release.

Here are 10 things to know:

1. The average total Part D premium will decrease by $7.45 in 2025, to $46.50.
2. The average stand-alone Part D plan premium will decrease slightly to $40. The average Part D premium for MA plans with prescription drug coverage will decrease by $2.06 to $13.50.
3. A provision of the Inflation Reduction Act capping out-of-pocket prescription drug costs at $2,000 a year for Medicare beneficiaries takes effect in 2025.
4. CMS...

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