Archives: Medicare Part D

CMS Releases 2024 Projected Medicare Part D Premium and Bid Information

October 4, 2023 | By Cleveland Benefits Partners

The Centers for Medicare & Medicaid Services (CMS) today announced that the average total monthly premium for Medicare Part D coverage is projected to be approximately $55.50 in 2024. This expected amount is a decrease of 1.8% from $56.49 in 2023. Stable premiums for Medicare prescription drug coverage in 2024 are supported by improvements to the Part • Read More »