Fierce Health Payers September 29, 2021
Average Medicare Advantage plan premiums are expected to hit $19 per month next year, a slight decline from the $21.22 in 2021.
But Medicare Part D plan premiums will continue to increase by nearly 5% to $33 next year compared to the current premium of $31.47, new federal data show.
The premium data, released Wednesday by the Centers for Medicare & Medicaid Services (CMS), also come with a projection that MA enrollment will reach 29.5 million next year, compared to 26.9 million in 2021. Open enrollment for MA and Part D plans starts on Oct. 15 and runs through Dec. 7.
“Open enrollment is the one time each year when more than 63 million people with Medicare can review their...
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