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Code of Federal Regulations Title 20. Employees' Benefits § 20.418.1125 How will the income-related monthly adjustment amount affect your total Medicare Part B premium?

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) If you must pay an income-related monthly adjustment amount, your total Medicare Part B premium will be the sum of:

(1) The Medicare Part B standard monthly premium, determined using the rules in 42 CFR 408.20;  plus

(2) Any applicable increase in the Medicare Part B standard monthly premium as described in 42 CFR 408.22;  plus

(3) Your income-related monthly adjustment amount.

(b) The nonstandard Medicare Part B premium amount described in 42 CFR 408.20 does not apply to individuals who must pay an income-related monthly adjustment amount. Such individuals must pay the full Medicare Part B standard monthly premium plus any applicable penalties for late enrollment or reenrollment plus the income-related adjustment.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 20. Employees' Benefits § 20.418.1125 How will the income-related monthly adjustment amount affect your total Medicare Part B premium? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-20-employees-benefits/cfr-sect-20-418-1125/

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