I'm a bit confused about a few things regarding medicare premiums. Could you explain how it works, please?
Of course. The law requires an adjustment to your monthly Medicare Part B medical insurance and Medicare prescription drug coverage premiums. This affects less than five percent of people with Medicare. Most people don't pay higher premiums.
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Where can I find additional information on what Medicare covers?
For additional information you should visit the Medicare website, or call 1-800-MEDICARE 1-800-633-4227; TTY 1-877-486-2048. Your State Health Insurance Counseling and Assistance Program SHIP also can help answer your Medicare questions.
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I see. What can you tell me about my tax return?
Do you want to know how we determine your 2020 income-related monthly adjustment amounts?
No, thank you.
Are we using your 2017 tax year data?
No, my tax data is up to date.
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What if my income doesn't exceed the limits on your website?
In that case this law does not apply to you.
