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2024 National Medicare Part D Plan Statistics*
and Averages per Region
Statistic |
2024 |
Change 24-23 |
2023 |
Change 23-22 |
2022 |
Total Number of Part D Drug Plans | 709 |
-92 |
801 |
35 |
766 |
Average Nbr of Part D Plans per Region |
21 |
-3 |
24 |
1 |
23 |
Nbr of Enhanced (EA) Plans |
443 |
-54 |
497 |
33 |
464 |
Avg. Enhanced Plans per Region |
13 |
-2 |
15 |
1 |
14 |
Nbr of Basic (BA, DS, AE) Plans |
266 |
-38 |
304 |
2 |
302 |
Avg. Nbr of Basic Plans per Region |
8 |
-1 |
9 |
0 |
9 |
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Nbr of $0 Deductible Plans |
103 |
-29 |
132 |
-4 |
136 |
Avgerage Nbr of $0 Deductible Plans per Region |
3 |
-1 |
4 |
0 |
4 |
$0 Deductible Plans (percentage) |
15% |
-2% |
16% |
-1% |
18% |
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Number of Plans with a Premium under $25 |
150 |
-34 |
184 |
42 |
142 |
Avg Nbr of Plans - Premium < $25 |
4 |
-1 |
5 |
1 |
4 |
Percentage of Plans with a Premium under $25 |
21% |
-2% |
23% |
4% |
19% |
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Lowest Cost PDP (Premium) | $0.00 |
$-1.60 |
$1.60 |
$-3.90 |
$5.50 |
Highest Cost PDP (Premium) | $195.10 |
$-6.00 |
$201.10 |
$-6.10 |
$207.20 |
Average PDP Premium (Cost) |
$59.77 |
$10.80 |
$48.97 |
$1.42 |
$47.55 |
% Change in Avg. PDP Costs |
-- |
22% |
-- |
3% |
-- |
Avg. Weighted PDP Premium** |
$48.11 |
$8.51 |
$39.60 |
$0.46 |
$39.14 |
% Change Weighted Avg. PDP Costs** |
-- |
21% |
-- |
1% |
-- |
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Number of PDPs with Any Gap Coverage in the Gap (Donut Hole) |
184 |
34 |
150 |
65 |
85 |
Percentage of PDPs with Any Gap Coverage |
26% |
7% |
19% |
8% |
11% |
Lowest Cost PDP with Any Gap Coverage
View coverage type / premium details |
$33.00 |
$-8.20 |
$41.20 |
$-3.80 |
$45.00 |
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Number of LIS PDPs
View List of LIS Qualified Plans | 126 |
-65 |
191 |
-7 |
198 |
Nbr of Unique LIS Qualified Plans
View List of LIS Qualified Plans |
9 |
0 |
9 |
-2 |
11 |
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Number of PDPs with Premium Decrease |
137 |
-117 |
254 |
106 |
148 |
Number of PDPs with No Premium Change |
0 |
0 |
0 |
0 |
0 |
Number of PDPs with Premium Increase |
569 |
93 |
476 |
-69 |
545 |
Percentage of People with a Premium Increase |
73.1% |
9.72% |
63% |
-20.87% |
84% |
Weighted Average Increase for People with a Premium Increase |
$14.34 |
$7.34 |
$7.00 |
$0.71 |
$6.29 |
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Note: *Stand-alone Medicare Prescription Drug Plans (PDP)s only. Data for MA-PD plans not included. Sanctioned plans are included in this data. The data is calculated per region. For example. A plan which is avalilable in CMS Region 6 which includes PA and WV is counted once, not twice. **The plan premium weighted averages are calculated by multiplying the plan premium by the number of enrollees in the plan to give more "weight" to plans with more members.
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Links above will take you to examples for California (or select your state once in PDP-Finder or PDP-Compare)
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Details for the Min. and Max. Premium Plans in 2024 |
H/L | State | Plan Name | Prem. | Ded. | Gap Coverage | Benefit Type |
Low | WI | Wellcare Value Script (PDP) | $0.00 | $545.00 | No Gap Coverage | Enhanced |
High | PA WV | Blue Rx PDP Complete (PDP) | $195.10 | $0.00 | Yes | Enhanced | |
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The chart above shows the details of the least expensive and most |
expensive plans available for 2024.
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Min. and Max. Premium Plans in 2023 and how the plan changes in 2024 |
H/L | Year | State | Plan Name | Prem. | Ded. | Gap Coverage | Benefit Type |
Low | 2023 | OR WA | SilverScript SmartSaver (PDP) | $1.60 | $505.00 | No Gap Coverage | Enhanced |
| 2024 | OR WA | SilverScript SmartSaver (PDP) | $3.30 | $280.00 | No Gap Coverage | Enhanced |
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High | 2023 | SC | BlueCross Rx Plus (PDP) | $201.10 | $0.00 | Yes | Enhanced |
| 2024 | SC | BlueCross Rx Plus (PDP) | $157.40 | $0.00 | Yes | Enhanced | |
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The chart above details the least (and most) expensive plan in 2023 and |
plan features and costs should you stay in the same plan in 2024.
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Gap Coverage Types and Minimum Premium for 2024 Part D Plans |
2024 Gap Coverage Details |
Gap Coverage Type | Number of Plans | Minimum Premium |
No Gap Coverage | 525 | $0.00 |
Yes | 184 | $33.00 |
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2023 Gap Coverage Details |
Gap Coverage Type | Number of Plans | Minimum Premium |
No Gap Coverage | 651 | $1.60 |
Yes | 150 | $41.20 |
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Notes: Click the Gap Coverage Type above to see plan details in California or choose your state. |
Gap coverage applies to formulary drugs only. The Healthcare Reform provides that for Plan Year 2024, ALL formulary generics will have at least a 75% discount and ALL brand drugs will have at least a 75% discount in the coverage gap. The Gap Coverage discussed in this section is in addition to the Healthcare Reform mandated discounts.
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$0 Premium LIS Qualified Part D Plans |
2024 LIS Qualifying Plans |
Plan Name | Plan ID |
AARP Medicare Rx Basic from UHC (PDP) | S5921 |
Blue Cross MedicareRx Basic (PDP) | S5715 |
Cigna Secure Rx (PDP) | S5617 |
Clear Spring Health Value Rx (PDP) | S6946 |
Farm Bureau Essential Rx (PDP) | S2668 |
Humana Basic Rx Plan (PDP) | S5884 |
Mutual of Omaha Rx Plus (PDP) | S7126 |
SilverScript Choice (PDP) | S5601 |
Wellcare Classic (PDP) | S4802 |
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2023 LIS Qualifying Plans |
Plan Name | Plan ID |
AARP MedicareRx Saver Plus (PDP) | S5921 |
Banner Medicare Simple Rx (PDP) | S3147 |
Blue Cross MedicareRx Basic (PDP) | S5715 |
Cigna Secure Rx (PDP) | S5617 |
Clear Spring Health Value Rx (PDP) | S6946 |
Elixir RxSecure (PDP) | S7694 |
Humana Basic Rx Plan (PDP) | S5884 |
SilverScript Choice (PDP) | S5601 |
Wellcare Classic (PDP) | S4802 |
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Note: Click heading above to see plan details in California or choose your state.
Please note, not all plans are available in every state.
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