Keeping you updated on the latest Medicare and Part D news

2015 Part D Premiums Projected to Increase Slightly

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Recently, CMS projected that the average Part D basic plan premium for 2015 will increase by approximately $1 to a total of about $32 per month.

CMS Press Release

This modest increase continues the trend of slow growth in Part D plan premiums. Between 2011 and 2014, the average basic plan premium remained steady at $30 to $31, despite concerns that closing the coverage gap would result in premium hikes. Similarly, there were concerns that 2015 premiums would increase due to the anticipated costs of covering of expensive specialty drugs, notably hepatitis C treatments (see previous blog post).


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