I need to find out about Medicare Premiums for Higher-Income people.
In that situation, the law requires an adjustment to your monthly Medicare Part B medical insurance and Medicare prescription drug coverage premiums.
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How high does my income have to be?
If you file your taxes as married, filing jointly and your MAGI (total adjusted gross income and tax-exempt interest income) is greater than $170,000, you'll pay higher premiums for your Part B and Medicare prescription drug coverage.
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What income ranges exist?
Are you a high income earner?
Yes.
In that case, you'll pay an additional premium amount for Medicare Part B and Medicare prescription drug coverage. We call the additional amount the income-related monthly adjustment amount.
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What if I disagree with the amount I'm supposed to pay?
On a previous ruling, you don't need to file an appeal if you're requesting a new decision because you experienced one of the events listed and, it made your income go down, or if you've shown us the information we used is wrong.
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What if my income isn't greater than $170,000?
Well then this law does not apply to you.
