Quote:
Originally Posted by Bay Kid
This year for my 88 year old Dad.
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Quote:
Originally Posted by retiredguy123
The Medicare Part B premium increased, but, unless he was affected by IRMA, the Social Security income increase should have more than covered the extra premium. Any secondary insurance premium that he has is not deducted from his SS check unless he has set up an automatic payment to the secondary insurance company. That premium does not go to Medicare. I would contact the secondary insurance company and get a statement of the premium increase. Another possibility is that he was on Medicaid and they were paying his Part B premium, and he lost his eligibility for Medicaid. Just my thoughts.
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Another possibility is your Dad tripped an income level point. At 88 Dad had to take a RMD of over 7%. That is reported as income. The first Medicare trip point is $91000 single filer. Over the $91K level the premium goes from $170/mo to $238. More than enough to eat up the 2022 SS raise.