Average monthly MA premiums in the U.S. 2010-2023
In 2023, the average weighted Medicare Advantage (MA) monthly premium in the U.S. was 18 U.S. dollars, it includes premiums for Part C (medical and hospital care) and for Part D (drug benefit). The monthly premium has decreased by nearly 51 percent since 2016. Over half of MA plans have no premiums. It should be noted that all Medicare beneficiaries (whether in a traditional or MA plan) must also pay the Part B premium, which costs 170.10 U.S. dollars per month in 2022. This statistic depicts the average weighted Medicare Advantage monthly premiums from 2010 to 2023 (in U.S. dollars).