The Centers for Medicare & Medicaid Services Friday released premium and cost information for Medicare Advantage and Part D prescription drug plans for the 2018 calendar year. The average Medicare Advantage premium will decrease by $1.91 to $30, while the average monthly premium for a basic Medicare Part D prescription drug plan will decrease by $1.20 to $33.50, the agency estimates. The average number of MA plan choices per county will increase to about 29, CMS said. It projects MA enrollment will climb by 9% to 20.4 million, or 34% of Medicare beneficiaries. Open enrollment for 2018 Medicare health and drug plans begins Oct. 15.

Related News Articles

Headline
The Medicare Payment Advisory Commission Friday released its March report to Congress.
Perspective
As our country works to expand health coverage and improve access to care, “Medicare for All” is getting a lot of attention. There are many different flavors…
Headline
Legislative proposals for a Medicare public option could negatively affect patient access to care and significantly reduce payments to hospitals, AHA Executive…
Headline
Creating a government-run, Medicare-like option on the individual health insurance exchanges could negatively affect patient access to care and reduce hospital…
Headline
The House Energy and Commerce Health Subcommittee today held a hearing on the president’s fiscal year 2020 budget request for the Department of Health and…
Headline
President Trump today submitted to Congress his budget request for fiscal year 2020.