Average 2025 group Medicare Advantage Prescription Drug (MAPD) premium rate increases exceeding 30%

The Inflation Reduction Act (IRA), passed in 2022, includes major changes to Medicare Part D intended to control prescription costs, cap maximum retiree out-of-pocket costs and simplify coverage for Medicare enrollees.

Via Benefits, WTW’s Individual Marketplace offers you and your retirees an intelligent solution that includes access to the nation’s largest private health insurance marketplace, with expert live support, simple online decision support tools and lifetime advocacy.

Via Benefits, WTW’s Individual Marketplace solution for early retirees helps you and your Pre-Medicare retirees maximize value through the public and private marketplace via our high-touch concierge service platform.

Group plans offer very limited choice of benefit, if any. The individual marketplace allows you to choose among many more plans to find the right one for you. Choice affords retirees the ability to personalize their healthcare plans and budgets and evolve those choices over the rest of their lives.

Over the past five years, there has been an increase in more carriers that have entered or re-entered the individual marketplace. With updates in legislation and increased enrollment, retirees now have more choice than ever in selecting a carrier in the marketplace.