Part D Bid Will Drop 11%; Base Premium Will Grow Slightly in 2022

August 12

The monthly Medicare Part D base beneficiary premium for 2022 will be $33.37, a slight increase from $33.06 in 2021, according to recent CMS projections. The Part D national average monthly bid amount continued to drop, from $43.07 in 2021 to $38.18 in 2022. Regional low-income premium subsidy amounts have increased over the past few years, and only two states — New Jersey and Arkansas — are projected to see a decline in 2022. New Mexico is projected to see the biggest jump, with its average subsidy amount going up from $28.17 in 2021 to $34.31.

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Radar on Drug Benefits

Jinghong Chen Reporter

Jinghong has been producing infographics and data stories on employer-sponsored insurance, public health insurance programs and prescription drug coverage for AIS Health’s Health Plan Weekly and Radar on Drug Benefits since 2018. She also manages AIS Health’s annual executive compensation database for top insurers and Blue Cross and Blue Shield affiliates. Before joining AIS Health, she interned at WBEZ, Al Jazeera English and The New York Times Chinese. She graduated from Missouri School of Journalism with a focus on data journalism and international reporting.