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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.
Well, if this year's average monthly premium for a Medicare Part D plans is $32.50 per month, a person who waited 7 months to enroll in a Medicare Part D plan would add an extra $2.25 per month to their monthly premium (calculated - 1.07 * $32.20 = $34.45 or an additional $27.00 per year).