Medicare Part D Premium 2024 Projections. August 1, 2023 — the centers for medicare & medicaid services announced that the average total monthly premium for medicare part d coverage is projected to be. Medicare beneficiaries must pay a premium for medicare part b which covers doctors’ services and medicare part d which covers prescription drugs.

In late september, the centers for medicare & medicaid services (cms) released the 2024 medicare advantage (ma) and part d landscape files. New drug law enhances part d prescription drug benefit and keeps part d premiums stable for 2024.