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Medicare Drug Premiums To Rise Slightly In 2010

 

Saturday, Aug 15,2009, 4:37:37 PM   Click:

WASHINGTON_Seniors enrolled in Medicare can expect to see a $2 increase in their monthly payment for prescription drug coverage next year.

Medicare officials announced late Thursday that the average monthly premium for the government's drug plan will be $30 next year, up from $28 this year.

Officials made the projection based on bids from private insurers that get the premiums along with a federal subsidy to administer the benefit. Companies that offer the so-called Medicare Part D plans include Humana, WellPoint and UnitedHealth.

Full details of the benefits and premiums for Medicare drug coverage will be announced in September.

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