My wife and I pay a high-income surcharge for our Medicare Part B premiums based on our income from more than a year ago. But we’ve since retired, and our combined incomes are now less than $30,000. Can we get these premiums reduced?
Yes. The high-income surcharge for Medicare Part B is based on your last tax return on record. So if your adjusted gross income was more than $170,000 on a joint return in 2008 (or more than $85,000 if single), you and your spouse may both have to pay $154.70 (or more) per month for Medicare Part B in 2010. See What’s in Store for Medicare Part B Premiums for details.
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