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Update on Medicare Prescription Drug Plan Cost

Tue, 08/30/2005 - 11:00pm — Karen Stevenson
Description: 

The Centers for Medicare and Medicaid (CMS) announced the expected premiums for the 2006 Medicare Prescription Drug coverage plans. The average costs (by region) are as follows:

PDP Region States Number of Stand - Alone Prescription Drug Plans Based on Monthly Beneficiary Premiums Number of Organizations Offering Stand-Alone Drug Plans Weighted Average Monthly Beneficiary Premium for Prescription Drug Plans
< $20.00 $20.00 - $24.99 $25.00 - $29.99 $30.00 - $34.99
1 NH, ME 1 3 6 12 18 35.69
2 CT, MA, RI, VT 4 6 5 11 18 30.53
3 NY 6 7 6 16 21 32.45
4 NJ 4 4 6 14 19 32.09
5 DE, DC, MD 3 5 4 15 21 33.63
6 PA, WV 2 5 6 16 23 32.78
7 VA 2 3 2 14 18 34.19
8 NC 2 2 1 11 16 36.86
9 SC 1 4 6 16 20 34.89
10 GA 1 7 2 16 18 33.17
11 FL 4 3 3 14 20 33.01
12 AL, TN 1 3 6 14 18 33.29
13 MI 1 3 6 16 18 33.22
14 OH 3 5 6 14 20 32.89
15 IN, KY 1 6 3 12 18 35.85
16 WI 4 5 6 15 18 31.49
17 IL 1 6 8 14 17 31.85
18 MO 2 4 6 11 17 33.30
19 AR 2 1 4 14 16 35.45
20 MS 2 1 4 11 16 36.39
21 LA 1 1 6 13 17 36.85
22 TX 2 4 6 17 21 32.63
23 OK 2 2 2 12 17 35.75
24 KS 2 3 6 13 16 33.12
25 IA, MN, MT, ND, NE, SD, WY 4 5 6 13 17 32.86
26 NM 6 3 9 15 18 29.02
27 CO 3 3 9 14 18 28.52
28 AZ 4 4 10 14 19 28.08
29 NV 3 6 6 14 19 30.32
30 OR, WA 5 5 7 13 21 30.05
31 ID, UT 3 2 5 15 19 33.65
32 CA 6 6 10 18 19 25.41
33 HI 3 2 7 13 12 27.44
34 AK 0 4 4 6 11 34.66

The Centers for Medicare and Medicaid (CMS) announced the expected premiums for the 2006 Medicare Prescription Drug coverage plans. The average costs (by region) are as follows:

PDP Region States Number of Stand - Alone Prescription Drug Plans Based on Monthly Beneficiary Premiums Number of Organizations Offering Stand-Alone Drug Plans Weighted Average Monthly Beneficiary Premium for Prescription Drug Plans
< $20.00 $20.00 - $24.99 $25.00 - $29.99 $30.00 - $34.99
1 NH, ME 1 3 6 12 18 35.69
2 CT, MA, RI, VT 4 6 5 11 18 30.53
3 NY 6 7 6 16 21 32.45
4 NJ 4 4 6 14 19 32.09
5 DE, DC, MD 3 5 4 15 21 33.63
6 PA, WV 2 5 6 16 23 32.78
7 VA 2 3 2 14 18 34.19
8 NC 2 2 1 11 16 36.86
9 SC 1 4 6 16 20 34.89
10 GA 1 7 2 16 18 33.17
11 FL 4 3 3 14 20 33.01
12 AL, TN 1 3 6 14 18 33.29
13 MI 1 3 6 16 18 33.22
14 OH 3 5 6 14 20 32.89
15 IN, KY 1 6 3 12 18 35.85
16 WI 4 5 6 15 18 31.49
17 IL 1 6 8 14 17 31.85
18 MO 2 4 6 11 17 33.30
19 AR 2 1 4 14 16 35.45
20 MS 2 1 4 11 16 36.39
21 LA 1 1 6 13 17 36.85
22 TX 2 4 6 17 21 32.63
23 OK 2 2 2 12 17 35.75
24 KS 2 3 6 13 16 33.12
25 IA, MN, MT, ND, NE, SD, WY 4 5 6 13 17 32.86
26 NM 6 3 9 15 18 29.02
27 CO 3 3 9 14 18 28.52
28 AZ 4 4 10 14 19 28.08
29 NV 3 6 6 14 19 30.32
30 OR, WA 5 5 7 13 21 30.05
31 ID, UT 3 2 5 15 19 33.65
32 CA 6 6 10 18 19 25.41
33 HI 3 2 7 13 12 27.44
34 AK 0 4 4 6 11 34.66