Generic Scope of Appointment Form

Income Related Monthly Adjustment IRMAA:

Higher earners pay more for Part B and Part D!

For 2024, the standard Part B premium amount is $244.60

Unless you are a high earner (see IRMAA chart).

 

You’ll pay a different amount for your Part B if:

  • You enrolled in Part B for the very first time in 2024

  • You don’t get Social Security benefits

  • You are directly billed for your Part B premiums.

  • You have both Medicare and Medicaid and Medicaid pays your premiums. Your state will pay the standard premium amount

  • Your modified adjusted gross income as reported on your IRS tax returns from 2 years ago was above a certain amount (see chart).

How are Medicare Supplement Plans Rated?

Understanding the 3 types of pricing

Attained Age

Issue Age

Community Rated