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Medicare Part D Deductible in 2024: Costs at a Glance. Some prescription drug (Part D) plans charge a $0 yearly deductible, but this amount can vary depending on the provider, your location, and more.
Taking the time to figure out which plan is right is vitally important for the 53 million Medicare beneficiaries with prescription drug coverage.
Leigh Purvis, the Prescription Drug Policy Principal at AARP, believes Medicare’s $2,000 annual out-of-pocket cap on prescriptions taking effect in 2025 could lead to more Part D plan prior ...
For 2022, costs for stand-alone Part D plans in the 10 major U.S. markets ranged from a low of $6.90-per-month (Dallas and Houston) to as much as $160.20-per-month (San Francisco). A study by the American Association for Medicare Supplement Insurance reported the lowest and highest 2022 Medicare Plan D costs [19] for the top-10 markets.
For stand-alone Part D plans, the Centers for Medicaid & Medicare (CMS) projected the average total Part D premium to decrease from $53.95 in 2024 to $46.50 in 2025.
Location. Plan name. Monthly premium. Annual deductibles. Copays. ZIP code 19151: Philadelphia County, PA. AARP Medicare Rx Preferred from UHC (PDP) $103.50
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