How to request a new initial determination of your IRMAA

If you’re Medicare premiums are more than you expected or read about, you may be paying additional premiums due to Medicare’s Income-Related Monthly Adjustment Amount (IRMAA).  Generally, those individuals who are initially subject to IRMAA charges only pay them for the first couple of years in retirement due to the two-year look-back period.  However, most retirees assume they are stuck with IRMAA premium assigned to them, but that may not be true. If the change to your income causes it to fall to a lower premium bracket, you can request a new initial determination due to a “Life-Changing Event.”  Read article here…

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org