Medicare Premiums Part D 2024. In 2024, the average total monthly premium for part d is projected to be $55.50, with drug plan prices ranging from $0 to $195.10 per month. If you have medicare part b and/or medicare part d prescription drug coverage, you could owe a monthly surcharge based on an income related monthly adjustment amount.

Part d (medicare drug coverage) helps cover cost of prescription drugs, may lower your costs and protect against higher costs. Almost every state has at least one part d plan with premiums below.