Medicare Advantage Plans 2024 Cost Per Year

Medicare Advantage Plans 2024 Cost Per Year. The average medicare advantage plan will cost $18.50 per month in 2024, including plans that charge a $0 premium, according to the centers for medicare &. For 2024, the average medicare beneficiary has access to 43 medicare advantage plans, the same as 2023, but more than double the average number.

Cms has received numerous inquiries regarding the use of prior authorization by medicare advantage plans and the effect on beneficiary access to care. The average premium for medicare advantage plans in 2024 has increased from $15 to about $18 a month.