How Changes in Income Affect Medicare Premiums
It’s likely you are receiving the extra bill because you’re now subject to the Medicare high-income surcharge, officially called the Income-Related Monthly Adjustment Amount (IRMAA). If this is the case, your bill will say “IRMAA.” You have to pay this surcharge if your modified adjusted gross income, plus tax-exempt interest income, was higher than $85,000 if you’re single or $170,000 if married filing jointly on your last tax return on file (usually 2017 for 2019 premiums).
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