CMS releases Medicare Advantage and Part D premiums, deductibles for 2022

Sep 30, 2021 - 01:18 PM
cms-nh-work-for-medicaid

The Centers for Medicare & Medicaid Services yesterday released premium and cost-sharing information for Medicare Advantage and Part D prescription drug plans for the 2022 calendar year.

According to CMS, the average monthly premium for MA plans will fall by $2.22 to $19, while the average monthly premium for a basic Medicare Part D prescription drug plan will increase by $1.53 to $33.

Over 2,100 MA and Part D prescription drug plans will offer insulin for a monthly copay of $35 or less under the new Part D Senior Savings Model in 2022; and over 1,000 MA plans will participate in the Value-Based Insurance Design Model, which offers supplemental benefits and incentives to improve health and address social needs, the agency said.

Open enrollment for MA and Part D begins Oct. 15.

 

Related News Articles

Headline
HHS launches competition to support community care hubs working with health care providers 
The Department of Health and Human Services Administration for Community Living has launched the first phase of its Health at Home Challenge, a competition to…
Headline
AHA pushes back on Families USA report
The AHA shared the following statement with the media in response to a report released May 7 by Families USA.   “This report is long on rhetoric and…
Headline
AHA expresses support for comprehensive bill on Medicare Advantage reform
The AHA May 7 wrote to House and Senate lawmakers in support of the Medicare Advantage Improvement Act (H.R. 8375/S. 4384), bipartisan and bicameral…
Headline
CMS to provide Medicare Part D beneficiaries with $50 monthly access to certain GLP-1 medications
The Centers for Medicare & Medicaid Services announced May 6 that it will provide access to certain glucagon-like peptide-1 (GLP-1) medications to eligible…
Headline
AHA comments on proposed changes to Medicare Advantage, Part D data reporting requirements
The AHA today submitted comments on the Centers for Medicare & Medicaid Services’ proposed revisions to Medicare Advantage and Part D reporting…
Headline
CMS launches clinical laboratory fee schedule reporting module for data collection
The Centers for Medicare & Medicaid Services has begun collecting private payor rate data through its Fee-for-Service Data Collection System Clinical Lab…