Our this site analysis of the stand-alone 2022 Medicare Part D plan data finds the total number of stand-alone 2022 Medicare Part D plans will decrease to 766 plans offered across the country as compared to 996 plans offered in 2021 - the lowest level of plan offerings in the last five years. In addition, our analysis shows the average number of stand-alone 2022 Medicare Part D plans per state will fall to 23 plans - as compared to the 2021 national average of 29 stand-alone PDPs per state.
Below is a chart showing how the average number of stand-alone Medicare Part D plans per state has changed since 2007 (and compares the changes to the total number of Medicare Part D PDPs offered across the country).
Availability of Medicare Part D plans: The Highs and Lows
Arizona will offer the most stand-alone Medicare Part D plan choices (27), down from 32 plans offered in 2021.
In 2022, New York will offer only 19 Medicare Part D plans, down from 28 plans currently offered in 2021. Texas and Georgia will also see the loss of 9 PDP options in 2022.
Too many numbers? Just need the Plain Text?
We provide a written summary of how Medicare Part D plans are changing in each state, just look for the "Summarized in Plan Text" link on our https://PDP-Facts.com state pages. For example, you can read more about Arizona (or any other state), such as:
"Arizona 2022 Medicare Part D premium increases and decreases:A note about Medicare Advantage plans
Of the 27 Medicare Part D plans available in Arizona for 2022, 2 plan(s) will lower their premiums and 21 will increase their premiums. Currently, 87.9% of Arizona residents enrolled in a stand-alone Medicare Part D plan are enrolled in one of the 21 plans with a premium increase. The average premium increase for members of these plans will be $7.21 per month."
The above information is from our Medicare Part D plan landscape summaries and based only on stand-alone Medicare Part D prescription drug plans (PDPs) and does not include Medicare Advantage plan (MAPD) data.
However, a number of the 2022 Medicare Advantage plans may be available in your area and can include comprehensive Medicare Part D prescription drug coverage, along with Medicare Part A (hospitalization), Medicare Part B (out-patient and physician), and additional healthcare - and non-health related - benefits (these Medicare plans are also called MAPD plans). You can use https://MA-Finder.com/2022 to review Medicare Advantage plans.
Reminder: No need to rush.
Medicare Part D plan carriers can start marketing their plans on October 1st, however the annual Medicare Part D Open Enrollment Period (AEP) for Medicare Part D plans and Medicare Advantage plans does not begin until October 15th and continues through December 7th. During the AEP, you can join, switch or drop a Medicare Part D plan. Your new Medicare plan coverage will begin on January 1st.
For more information, starting October 1st, Medicare beneficiaries can telephone Medicare at 1-800-633-4227, speak with a Medicare representative, and learn more about their Medicare Part D and Medicare Advantage plan options.
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