Premiums for Medicare Part D Rx drug plans 2024

Published by
Preeti Vankar,
Dec 5, 2023

According to the data, 2024 average monthly premiums for national part D stand-alone drug plans were projected to range from ten U.S. dollars under the Wellcare Value Script Plan to 111 U.S. dollars under the AARP MedicareRx Preferred plan. This statistic depicts the projected average monthly premiums for the 14 national Medicare Part D stand-alone prescription drug plans (PDP) in the U.S. in 2024.

Projected average monthly premiums for the 16 national Medicare Part D stand-alone prescription drug plans (PDP) in the U.S. in 2024

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Release date

November 2023

Region

United States

Survey time period

as of June 2023 enrollment

Supplementary notes

PDP is a prescription drug plan. Estimates are weighted by June 2023 enrollment; assume current PDP enrollees remain in their same plan; and make no assumptions about plan choices by new enrollees for 2024. 
*National average includes premiums for basic and enhanced PDPs

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