An op-ed in The Oklahoman cited CAHC’s research on rising Part D premiums due to the Inflation Reduction Act.
According to a recent study by the Council for Affordable Health Coverage, Medicare Part D premiums are up an average of 21%. Part D is the Medicare program that covers drugs. Early indications are that next October, those on Medicare could expect an increase announced for 2025 plan premiums. And not only are monthly premiums skyrocketing, but the number of plans senior citizens have to choose from has declined by 27%.