News Report | December 1, 2021
Medicare Advantage Premiums To Decline 10% In 2022
Medicare Advantage plan premiums will be 10% lower in 2022, with the average premium at $19.00 per month compared to $21.22 in 2021. The average 2022 premium for Part D coverage will rise by 4.9%, from $31.47 in 2021 to $33 in 2022. The Centers for Medicare & Medicaid Services (CMS) announced the new rates on September 30, 2021. Enrollment in Medicare Advantage in 2022 is projected to rise by 9.7% to reach 29.5 million people compared to 26.9 million enrolled in a Medicare Advantage plan in 2021. About 46.8% of the . . .