CMS announces average Medicare Advantage, Part D premiums for 2017
The Centers for Medicare & Medicaid Services today released premium and cost information for Medicare Advantage and Part D prescription drug plans for the 2017 calendar year. The average Medicare Advantage premium will decrease by $1.19 to $31.40, while the average monthly premium for a basic Medicare Part D prescription drug plan will increase by $1.44 to $34, the agency estimates. The average number of MA plan choices per county is roughly unchanged from 2016, CMS said. It projects Medicare Advantage enrollment will climb for the seventh consecutive year in 2017 to 18.5 million, or 32% of Medicare beneficiaries. Open enrollment for 2017 Medicare health and drug plans begins Oct. 15.
Related News Articles
Headline
A KFF analysis released Jan. 28 found that Medicare Advantage insurers made nearly 53 million prior authorization determinations in 2024, an increase…
Headline
The Centers for Medicare & Medicaid Services Jan. 26 released proposed changes to Medicare Advantage plan capitation rates and Part D payment policies for…
Headline
The AHA Jan. 26 expressed support and provided its perspective on certain provisions within the Centers for Medicare & Medicaid Services’ proposed…
Headline
The AHA Jan. 20 made recommendations to Congress on modernizing the Medicare Access and CHIP Reauthorization Act. Among the proposals, the AHA recommended…
Headline
The comment period for the Centers for Medicare & Medicaid Services' proposed rule for policies governing the Medicare Advantage and Part D programs for…
Headline
The Medicare Payment Advisory Commission Jan. 15 voted to recommend that Congress update Medicare payment rates for hospital inpatient and outpatient services…