WASHINGTON (AP) — Obama administration officials say they have some good election-year news for seniors.
Monthly premiums for popular Medicare Advantage insurance plans are rising by only $1.47 next year, to an average of $32.59.
The private plans often can provide the same services as traditional Medicare for a lower out-of-pocket cost, but seniors have to accept some restrictions on choice.
Recommended For You
About 12 million Medicare recipients are in private plans. Enrollment is projected to rise by more than 1 million next year.
The news follows a recent announcement that prescription drug premiums would remain stable for the third year in a row, about $30 a month.
Since the premium numbers are averages, some people may see their costs go up. They can shop for a lower cost plan.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
