Medicare Part B

What Is Medicare’s Income-Related Monthly Adjustment Amount (IRMAA)?

Medicare’s monthly costs aren’t the same for everyone. Medicare accounts for the modified adjusted gross income an individual or couple has earned according to tax returns from two years before the current year. For those earning higher amounts, Medicare adds an Income-Related Monthly Adjustment Amount (IRMAA) surcharge to Part B and Part D premiums. How […]

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What are the 2022 Costs for Original Medicare?

Medicare / Rebecca Davis

Medicare undergoes changes each year. Premiums, deductibles, coinsurance, and copayments are all subject to change from year to year. If you’re enrolled in Original Medicare (Part A and B) or will become eligible in 2022, it’s important for you to know what costs to expect in 2022. What Are The Premiums? Premiums for Part A

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Does Medicare Pay for Dialysis?

Medicare / Rebecca Davis

Medicare includes coverage for dialysis and some treatments that involve end-stage renal disease, also referred to as kidney failure. Dialysis is a medical procedure needed when the kidneys do not function as they should. Dialysis helps the body retain the right amount of fluids and remove harmful wastes, salt, and fluid that build up in

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Does Medicare Pay for Wheelchairs?

Medicare / Rebecca Davis

Certain health conditions may hinder your movement, making you need a wheelchair to get more mobility. Medicare will cover the majority of the wheelchair costs if your healthcare provider providing treatment for you recommends one. The doctor’s order must state clearly that: There is a health condition causing mobility issues that stops you from performing

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Do You Need Both Medicare Part A and Part B?

Medicare / Rebecca Davis

Medicare is available to people aged 65 or older and people who meet specific criteria needed to qualify. Medicare Part A and Part B are known as Original Medicare. Medicare Part A offers hospital insurance while Part B provides medical insurance. When they become eligible, most people enroll in Part A, while some may choose

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What is IRMAA in Medicare?

Medicare / Rebecca Davis

Medicare Income-Related Monthly Adjustment Amount (IRMAA) is the additional payment you make if your income is above a certain level. This amount is eventually added to the premiums of your Medicare Part B or Part D plans. The Social Security Administration (SSA) has four income brackets to determine your and your spouse’s IRMAA. The SSA

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What Does Each Part Of Medicare Cover

Medicare / Rebecca Davis

Maybe you are turning 65 and considering opting for health insurance to help cover medical expenses. Many people prefer to understand all the health insurance-related options to choose the one that meets their needs the most. In this regard, Medicare is one of the most common healthcare plans that people enroll in to receive health

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What Is Medicare’s Income-Related Monthly Adjustment Amount (IRMAA)?

What are the 2022 Costs for Original Medicare?

Does Medicare Pay for Dialysis?

Does Medicare Pay for Wheelchairs?

Do You Need Both Medicare Part A and Part B?

What is IRMAA in Medicare?

What Does Each Part Of Medicare Cover