When Does Medicare 2024 Begin. The average medicare advantage drug plan deductible for 2025 will be more than double what it was in 2024, going from $146.37 to $306.10, according to investopedia research. Medicare open enrollment for 2024 is coming soon.

Medicare will begin negotiating prices. On october 12, 2023, the centers for medicare & medicaid services (cms) released the 2024 premiums, deductibles, and coinsurance amounts for the medicare part a and part b.