It can. If you are what Social Security considers a “higher-income beneficiary,” you pay more for Medicare Part B, the health-insurance portion of Medicare. (Most enrollees don’t pay for Medicare Part A, which covers hospitalization.) Medicare premiums are based on your modified adjusted gross income, or MAGI. That’s your total adjusted gross income plus tax-exempt interest, as
The post Does my income affect my monthly premiums for Medicare? appeared first on Just Us Insurance.
source https://insr4u.com/does-my-income-affect-my-monthly-premiums-for-medicare/
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