Medicare’s IRMAA Blows Ashore in 2018

Medicare open-enrollment season is here again, running from October 15th-December 7th.  During this period, the roughly 45 million Americans enrolled in Medicare have the opportunity to review their current coverage and make changes for the upcoming year.  It’s also the time when Medicare recipients are reminded of the costs associated with their coverage, and how these might change going forward.  And while some costs are expected to remain stable, or even decrease slightly, in 2018 an increasing number of higher-income enrollees will be subject the Medicare’s Income-Related Monthly Adjustment Amount (IRMAA), which increases their Medicare Part B and Part D premiums.
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