[villagetinker]

Originally Posted by kbace6

We are in the planning stages for some retirement income and watched a financial video on YT that alluded to an increase in the cost of medicare depending on your income.

The question I have for you more seasoned folks is, have any of you been on the edge of income where you paid a particular price for medicare one year and then more the next year due to a spike in your income, and then the cost of medicare went back down again the next year because the spike in your income may have been just a one-time thing?

I'm not talking about the government changing the costs, but rather where your individual situation was the catalyst.

Thank you in advance for your informed answers.

The short answer is yes. Previous replies provide a lot of additional info. Since you are exploring this topic, be sure to go to the SHINE website: SHINE - Home they will give you UNBIASED information on the various healthcare options. Be aware that Villages Health (PCP doctor) ONLY accepts 3 or 4 ADVANTAGE PLANS, to make things very confusing, Villages SPECIALISTS and the local hospitals accept Medicare.
Send me a PM with your phone number if you would like to discuss in detail.

We were in BOTH for a while, had problems with the Villages Health system advantage plans, and had to drop out, get back the regular Medicare and find new Primary Care Physician.