Medicare Part B Premiums for Higher-Income Individuals: What You Need to Know
Medicare Part B covers various outpatient medical services, such as doctor visits, preventive care, and diagnostic tests. While the standard monthly premium for most Medicare beneficiaries is $164.90 in 2023, individuals with higher incomes are required to pay a higher premium based on their income level. This blog article will provide an overview of the Part B premium adjustments for higher-income individuals and explain how these adjustments are determined. Understanding the Income-Related Monthly Adjustment Amount…
