Medicare Part D Plans 2024. The average medicare beneficiary has a choice of close to 60 medicare plans with part d drug coverage in 2024, including 21 medicare. In 2003, the medicare prescription drug, improvement, and modernization act (mma) added a voluntary prescription drug benefit to the medicare program.
Stable premiums for medicare prescription drug coverage in 2024 are supported by improvements to the part d program in the inflation reduction act (ira),. Original medicare beneficiaries with medicare part a and/or part b are eligible to buy a part d plan to add prescription drug coverage.
