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1939

(1,683 posts)
5. Here are some numbers
Fri May 20, 2016, 09:14 AM
May 2016

"While most people pay the standard amounts for premiums and deductibles, some people will pay more, depending on their income. The more you make, the higher your likelihood will be for paying more than the standard amount. The extra fee per month is called the Income Related Monthly Adjustment Amount (IRMAA). How much more can you expect to pay if you fall outside of the standard range? The Medicare website offers a handy chart on the rates for those with higher incomes.

Individuals who make more than $85,000 per year up to $107,000 per year will pay $146.90 per month for Medicare Part B premiums.

If you earn more than $107,000 and up to $160,000 per year as an individual, then you’ll pay $209.80 per month for Part B premiums.

Individuals who earn more than $160,000 and up to $214,000 per year will pay $272.70 in Medicare Part B premiums per month.

If you earn more than $214,000 per year, your Medicare Part B premium will be $335.70 per month."

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