Part D Medicare Premium 2024. The centers for medicare & medicaid services (cms) today announced that the average total monthly premium for medicare part d coverage is projected to be approximately $55.50 in 2024. This year, the average monthly premium for the roughly 22 million people with medicare part d standalone drug plans is $43 a month, up about 5 percent from 2023, though some people pay.
The medicare advantage risk score trend is expected to increase by 3.3 percent. Cms medicare part d data shows the government spent $15 billion in 2022 on the drug out of a total of $46.4 billion spent on drugs that year.