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.)
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.