Monthly premium for Medicare Part D PDP and MA-PD in the U.S. from 2006-2023

Average monthly premium of Medicare Part D prescription drug plans (PDPs) and Medicare Advantage drug plan (MA-PD) in the U.S. from 2006 to 2023

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Release date

July 2023

Region

United States

Survey time period

2006 to 2023

Supplementary notes

PDP is stand-alone prescription drug plan. MA-PD is Medicare Advantage drug plan. Average premiums are weighted by enrollment (March of the respective year) and exclude employer group plans and Special Needs Plans. The average premium for MA-PDs is for Part D drug coverage only; the average total MA-PD premium, including Part C and Part D benefits, is higher ($21.18 in 2021).

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