Medicare Part D premiums vary by plan and location. In 2026, the average Part D premium is approximately $46/month. The maximum deductible is $590. The out-of-pocket cap is $2,000. Low-income beneficiaries may qualify for Extra Help to reduce costs.
Key Points
- Average Part D premium: ~$46/month in 2026
- Maximum deductible: $590
- Out-of-pocket cap: $2,000
- Extra Help: available for low-income beneficiaries
- An independent agent can compare Part D plans based on your specific medications