Q1Group 2017 MA/MAPD Analysis: 2017 Medicare Advantage plan (MA and MAPD) premiums remain stable

In general, monthly Medicare Advantage plan premiums have remained stable over the past several years with 70% of all Medicare Advantage plans (MA and MAPD plans combined) continuing to have premiums under $50 per month. (Updated 10/24/2016 with newly released Medicare Advantage plan information.)

In 2017, 34% of all Medicare Advantage plan will have a $0 premium and an additional 10% of the 2017 Medicare Advantage plans will have a premium between $0.01 and $25.
Overall, 70% of the 2017 Medicare Advantage plans will have a premium of $50 or less.
As a comparison, in 2016, almost 35% of Medicare Advantage plan had a $0 premium and an additional 10% of the 2016 Medicare Advantage plans had a premium between $0.10 and $25.

Here is a table showing how the MA/MAPD premiums have varied over the past four years.

Premium Range	2017 MA/MAPD Plans		2016 MA/MAPD Plans		2015 MA/MAPD Plans		2014 MA/MAPD Plans
#	%	#	%	#	%	#	%
Total Plans	2899	2794	2628	2645
MSA no Premium	4	0.14%	4	0.14%	7	0.27%	6	0.23%
$0 Premium Plans	992	34.22%	973	34.82%	908	34.55%	968	36.60%
Premium >$0-$25	287	9.90%	276	9.88%	224	8.52%	294	11.12%
Premium >$25-$50	769	26.53%	694	24.84%	689	26.22%	576	21.78%
Premium $0-$50	2048	70.65%	1943	69.54%	1821	69.29%	1838	69.49%
Premium >$50-$75	269	9.28%	267	9.56%	258	9.82%	258	9.75%
Premium >$75-$100	227	7.83%	215	7.70%	183	6.96%	205	7.75%
Premium >$100-$200	285	9.83%	299	10.70%	294	11.19%	282	10.66%
Premium >$200-$300	57	2.00%	61	2.18%	61	2.32%	51	1.93%
Premium >$300	9	0.32%	5	0.18%	4	0.15%	5	0.19%

The corresponding chart illustrates the stability of Medicare Advantage plan premiums for plan years 2014 through 2017.

Please remember: The overall stability of Medicare Advantage plan premiums does not indicate that your Medicare Advantage plan premium will remain the same in 2017. To see how your 2016 Medicare Advantage plan is changing in 2017, please use our Medicare Advantage plan comparison tool (MA-Compare.com/2017).

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 Saturday, October 15^th and continues through Wednesday, December 7^th, with 2017 Medicare plan coverage beginning on Sunday, January 1, 2017.