https://www.cms.gov/newsroom/fact-sheets/2021-medicare-parts-b-premiums-and-deductibles
Each year the Medicare Part B premium, deductible, and coinsurance rates are determined according to the Social Security Act. The standard monthly premium for Medicare Part B enrollees will be $170.10 for 2022, an increase of $21.60 from $148.50 in 2021. The annual deductible for all Medicare Part B beneficiaries is $233 in 2022, an increase of $30 from the annual deductible of $203 in 2021. […]
If you exceed certain income thresholds, it is possible you would be subject to the income-related monthly adjustment amount (IRMAA). A surcharge added on top of your standard premium for Medicare Part B and Part D. Here is the 2023 chart…
Here’s an interesting article about part B premiums possibly changing / decreasing at some point in 2022:In an unprecedented move, HHS asks officials to consider lowering this year’s Medicare premiums (yahoo.com) […]
2020The standard Part B premium amount in 2020 will be $144.60. Most people will pay the standard Part B premium amount. If you modified adjusted gross income as reported on your IRS tax return from 2 years ago is above a certain amount, you’ll pay the standard premium amount and an Income Related Monthly Adjustment Amount (IRMAA). IRMAA is an extra charge added to your premiumPart B deductible & coinsuranceYou pay $185 per year in 2019 ($198 in 2020) for your Part B Deductible. Af […]
Every January the government determines the amount your part B premium will be based on your income from 2 years ago. If you are considered a ‘high-earner’ there is an adjustment (increase) applied to your premium for the upcoming calendar year. There is also an adjustment added to your prescription plan premiums based on the same income gird (‘high-earners’ only).see below for reference: 2022 part b irma, 2022 part d irma, 2022 medicare part b irma premiums, 2022 medicare part […]
Starting Oct. 15th you can enroll in a new part D prescription plan for Jan. 2023. Please follow the instructions and/ or watch the video instructions on my website page ‘What did Mike say?” to lookup your meds and find a new plan 🙂 […]