Almost six million Medicare beneficiaries will see a monthly Medicare Part D premium increase of over 20%

As was true in past years, many 2015 Medicare Part D prescription drug plans will be increasing their monthly premiums in 2016. In fact, almost six million Medicare beneficiaries currently enrolled in stand-alone Medicare Part D prescription drug plans (PDPs) will see at least a 20% increase in their monthly premium if they stay in their current plan into 2016.

Some of the largest 2016 Medicare Part D plan increases are highlighted in the table below:

Highlights of the Larger 2016 stand-alone Medicare Prescription Drug Plan Premium Increases
2016 Plan Name	2016 Premiums	2015 Premiums	Premium Increase	Percent Increase	States	Members Affected
AARP MedicareRx Saver Plus (PDP)	Ranging from $20.90-$49.50	Ranging from $20.70-$36.00	up to $18.90	up to 69%	all states	654,765 members will see at least a 20% increase in premium
AARP MedicareRx Preferred (PDP)	Ranging from $46.10-$71.00	Ranging from $37.00-$61.10	up to $18.20	up to 63%	all states	2,593,347 members will see at least a 20% increase in premium
Transamerica MedicareRx Classic (PDP)	Ranging from $26.70-$41.80	Ranging from $83.50-$139.70	$51.80 to $102.20	51% to 301%	all states	18,891
Advantage-Plus Meridian (PDP)	Ranging from $99.60-$106.90	Ranging from $37.10-$39.00	$62.40 to $68.70	168% to 185%	IL IN KY OH MI	3,982

You can use our PDP-Compare and MA-Compare tools to learn more about how 2015 Medicare Part D and Medicare Advantage plans are changing in 2016. Our PDP-Compare and MA-Compare show changes in all 2015/2016 stand-alone Medicare Part D prescription drug plans (PDPs) and Medicare Advantage plans (MAs or MAPDs) across the country and include changes in plan features such as premium, deductible, cost-sharing and formulary size changes. Our compare tools also highlight plans that will be merged, discontinued, or added in 2016.