In general, monthly Medicare Advantage plan premiums have remained stable over the past several years with almost 70% of all Medicare Advantage plans (MA and MAPD combined) having premiums under $50 per month.

In 2016, 34.82% of Medicare Advantage plan will have a $0 premium and an additional 10% of the 2016 Medicare Advantage plans will have a premium between $0.10 and $25.  Overall, 69.54% of the 2016 Medicare Advantage plans will have a premium of $50 or less.

As a comparison, in 2015, 34.55% of Medicare Advantage plan had a $0 premium and an additional 9% of the 2015 Medicare Advantage plans had a premium between $0.70 and $25.  Here is a table showing how the MA/MAPD premiums have varied over the past three years.


The corresponding graph better illustrates the same stability of Medicare Advantage plan premiums for plan years 2014 through 2016.

Please note: The overall stability of Medicare Advantage plan premiums does not indicate that your Medicare Advantage plan premium will not change in 2016.  To see how your 2015 Medicare Advantage plan is changing in 2016, please use our Medicare Advantage plan comparison tool (MA-Compare.com).  For more information, you can telephone Medicare at 1-800-633-4227 to speak with a Medicare representative.

Reminder: October 15th starts the annual Open Enrollment Period
The annual Medicare Open Enrollment Period (or Annual Coordinated Election Period) for 2016 Medicare Part D plans and Medicare Advantage plans begins on Thursday, October 15^th and continues through Monday, December 7^th, with 2016 Medicare plan coverage beginning on Friday, January 1, 2016.