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August 04, 2023   
Health Law Weekly

Medicare Part D Premiums Expected to Dip in 2024, CMS Says

  • August 04, 2023

The average monthly Part D premium is expected to decline 1.8% to roughly $55.50 in 2024, the Centers for Medicare & Medicaid Services (CMS) announced July 31. The average basic monthly premium for standard Medicare Part D coverage was $56.49 in 2023.

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