According to the Centers for Medicare & Medicaid Services (CMS), the projected average Medicare Basic Part D premium for 2025 is $46.50 per month. This represents a decrease from the 2024 average of $53.95.
Key points about the 2025 Part D average premium:
- Decrease from 2024:
The average Part D premium is expected to decrease by $7.45 in 2025 compared to 2024.
- Medicare Advantage plans:
Individuals enrolled in Medicare Advantage plans with prescription drug coverage will likely see even lower average Part D premiums.
- Low-income subsidy:
This projected average does not include the large number of Medicare beneficiaries who pay no premium due to the Extra Help (Low-Income Subsidy) program.
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