“Medicare Advantage premiums to decline slightly in 2022, Part D to rise by nearly 5%”

“Medicare Advantage premiums to decline slightly in 2022, Part D to rise by nearly 5%,” by Robert King, Fierce Healthcare

Quote:

“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.”

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

MA rising.