Oct, 19 2022 — Based on current enrollment, 11.9 million Medicare beneficiaries will see their stand-alone 2022 Medicare Part D premiums increase in 2023 - with almost 2.7 million Medicare beneficiaries seeing at least a 20% increase in their monthly premium.
Oct, 18 2022 — If your stand-alone Medicare Part D prescription drug plan (PDP) - or Medicare Advantage plan that
includes drug coverage (MAPD) - has an initial deductible, you will usually pay 100% of your
prescr . . .
Oct, 09 2022 — In 2023, over 3,008 counties (or ZIP Code areas) include at least one Medicare Advantage plan with a Part B premium "Giveback" - and 1,283 counties offer at least one $0/$0 Medicare Advantage (MAPD) plan with a Part B premium "Giveback".
Oct, 08 2022 — The 2023 Medicare Advantage plan information recently released by the Centers for Medicare and Medicaid Services (CMS) shows that Medicare beneficiaries can expect more Medicare Advantage plans in many areas across the country with continued low monthly premiums.
Oct, 05 2022 — 2023 Q1Medicare.com Part D Plan Finder, Medicare Advantage Plan Finder, and other online tools have been updated with the 30-day drug cost-sharing; formulary size; full- and partial-LIS premiums; and Medicare Advantage plan health care and supplemental benefits.
Oct, 04 2022 — Twenty-one 2023 Medicare Advantage plans that offer drug coverage (MAPDs) will have an ICL over the standard $4,660 and three (3) MAPDs will have an ICL under $4,660.
Oct, 04 2022 — As noted by
the Centers for Medicare and Medicaid Services (CMS), monthly Medicare
Advantage plan premiums have remained stable or declined over the past several
years — and this trend contin . . .
Oct, 04 2022 — An analysis of 2023 Medicare Advantage plan data shows that there will be 7% more Medicare Advantage plans available in 2023 as compared to 2022. Across the country, the total number of 2023 Medicare Advantage plans will increase to 5,369, as compared to 5,033 plans in 2022.
Oct, 04 2022 — As noted in a September CMS press release,
the average Medicare Advantage plan premium is expected to decline in 2023. Our analysis of 2023 Medicare Advantage plan premiums shows 88% of all 202 . . .
Oct, 04 2022 — The Medicare Advantage Special Needs Plan (SNP) landscape will be changing again in 2023, with 14% of 2022 SNPs discontinued and the introduction of so many new SNPs that we have a 11% increase in the total number of 2023 SNPs across the country.
Oct, 04 2022 — The total number of 2023 Medicare Advantage plans will increase by 6.68% in 2023, however, many 2022 Medicare Advantage plans will be terminated or merged into other 2023 plans. Therefore, many counties will see significant changes in their 2023 Medicare Advantage plan landscape.
Oct, 02 2022 — An initial review of the stand-alone 2023
Medicare Part D prescription drug plans (
PDPs)
recently released by the Centers for
Medicare and Medicaid Services (CMS) shows that Medicare beneficiari . . .
Sep, 30 2022 — Based on the Centers for Medicare and Medicaid Services (CMS)
recently released 2023
Medicare Part D prescription drug plan (PDP) landscape data, although there are more 2023 stand-alone Medicare Pa . . .
Sep, 30 2022 — Based on the current 2022 Medicare Part D plan enrollment (September 2022) and increases in 2023 Medicare Part D plan premiums, we estimate that around 64% of current 2022 PDP enrollees may have a premium increase in 2023 - unless they change to other, more-affordable 2023 plans.
Sep, 30 2022 — On September 29, 2022, the Centers for Medicare & Medicaid
Services (CMS) announced the release of the 2022 Medicare Part D and Medicare Advantage plan data and provided some highlights of the pl . . .
Sep, 27 2022 — On September 27, 2022, the Centers for Medicare and Medicaid Services (CMS) announced that both the Medicare Part B premium and deductible would decrease in 2023. Likewise, Medicare Part B IRMAA . . .
Sep, 26 2022 — Each year a Medicare Advantage plan's Maximum Out-of-Pocket (MOOP) threshold can change and in 2023, 15% of Medicare Advantage plans have a $8,300, $7,550 or $6,700 MOOP and slightly more plans will have a MOOP at, or below $3,600.
Aug, 01 2022 — Based on the 2023 Medicare Part D plan bids and current plan enrollment, the 2023 average weighted Part D premium is projected to be approximately $31.50 per month, a decrease of $1.50 from the $33.00 per month premium projected for 2022.
Apr, 04 2022 — On April 4, 2022, the Centers for Medicare and Medicaid Services (CMS) released the 2023 Rate Announcement with the 2023 defined standard benefits for Medicare Part D providing an insight into next year's basic Medicare prescription drug plan coverage.