Medicare Prescription Drug Plan Premiums To Rise Slightly In 2021

Modern Healthcare: Medicare Prescription Drug Plan Premiums To Rise Slightly In 2021Seniors will pay slightly higher premiums for Medicare prescription drug plans in 2021, CMS said on Wednesday. The average basic Part D premium will be $30.50 next year, up from $30 in 2020. Premiums for Part D plans have fallen about 12% since 2017, which translates to $1.9 billion in premium savings, the agency said. (Livingston, 7/29)