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Annual Release of Part D National Average Bid Amount and other Part C & D Bid Information

Guidance for announcing that the Part D national average monthly bid amount for 2016 is
$64.66, the 2016 Part D base beneficiary premium is $34.10, and the de minimis amount is $2.

Download the Guidance Document

Issued by: Centers for Medicare & Medicaid Services (CMS)

Issue Date: July 29, 2015

DISCLAIMER: The contents of this database lack the force and effect of law, except as authorized by law (including Medicare Advantage Rate Announcements and Advance Notices) or as specifically incorporated into a contract. The Department may not cite, use, or rely on any guidance that is not posted on the guidance repository, except to establish historical facts.