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On average, Part D premiums are rising by $1 in 2015, to $32 per month. But that average is for all plans. Some of the most popular plans are boosting premiums by more than that, s ays Ross Blair, senior vice-president of eHealthMedicare.com, which includes tools to help people compare policies.
Medicare covers 80 percent of the cost of those medications under the Part D program. But once a patient and the insurer together spend $3,700 (in 2017), the patient is responsible for the bill (the next $1,250) until the patient has $4,950 in medication costs. Medicare then covers 100 percent of the price of the drug.