Wednesday, August 2, 2017

Average Medicare drug premium expected to dip next year

August 02, 2017 at 04:59PM

WASHINGTON (AP) — The Trump administration says the average monthly premium for Medicare prescription drug coverage is expected to go down in 2018, the first time that's happened in five years.

Medicare announced Wednesday that next year's average premium is expected to be $33.50 per month, about $1.20 less than this year, or a 3 percent dip.

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