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On average, Part D premiums are rising by $1 in 2015, to $32 per month. But that average is for all plans. Some of the most popular plans are boosting premiums by more than that, s ays Ross Blair, senior vice-president of eHealthMedicare.com, which includes tools to help people compare policies.
Typical costs: 1  The two basic expenses for Medicare Part D are the monthly premium and the cost of buying prescription medications under each plan. 2  The average monthly premium for a Medicare Part D Prescription Drug Plan in 2014 is $31, or $372 a year, according to the Department of Health and Human Services . However, premiums can cost zero to more than $100 a month and not all plans are offered in all areas.