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

Chairperson's File
Public
The recently enacted One Big Beautiful Bill Act will bring big changes to health care. AHA President and CEO Rick Pollack joined me for a Leadership Dialogue…
Headline
The House Ways and Means Subcommittees on Health and Oversight held a joint hearing today to discuss lessons learned, challenges and opportunities to improve…
Headline
The AHA today expressed support for the Medicare Mental Health Inpatient Equity Act, a bill that would eliminate the 190-day lifetime limit on inpatient…
Headline
The AHA July 8 wrote in opposition to the “Patient Access to Higher Quality Health Care Act” (H.R. 4002), which would repeal current law banning the creation…
Headline
The AHA July 3 released the Health Care Plan Accountability Update for the second quarter of 2025. The update covers the latest developments in Medicare…
Headline
The Departments of Justice and Health and Human Services today announced the creation of the DOJ-HHS False Claims Act Working Group to combat health care fraud…