and reported it on last year's taxes, and he got a letter a couple of days ago saying that his Medicare premium had REALLY, REALLY gone up! Is this something new or has it always been this way?
2007-11-28 10:48:22 · 3 answers · asked by Bluebeard 1 in Business & Finance ➔ Taxes ➔ United States
Your Medicare B premium is increased if your Modified Adjusted Gross Income is over $82,000 ($164,000 for a married couple.)
2007-11-28 11:02:04 · answer #1 · answered by Anonymous · 1⤊ 0⤋
The Part B premium is set by CMS every year. If you make more than a certain amount you do pay more. Part D premium is independent of income.
2007-11-29 20:45:03 · answer #2 · answered by Lea 7 · 0⤊ 0⤋
Are you referring to Medicare Part B or Medicare Part D.
Part D has a sliding scale from zero to $75 per month depending on your income and assets.
2007-11-28 20:31:14 · answer #3 · answered by ninasgramma 7 · 1⤊ 1⤋