MACRA Legislation To Increase Medicare Premiums Yet Again For High-Income Earners - News Summed Up

MACRA Legislation To Increase Medicare Premiums Yet Again For High-Income Earners


People new to Medicare in 2018 will pay a base Part B premium of $134/month -- the same as in 2017, according to a recent CMS announcement. These two groups together make up about 95% of the Medicare population, per a report from Bartley Financial in 2016. Now, however, the changes mandated under the Medicare Access and Chip Reauthorization Act of 2015 will make some Medicare beneficiaries pay higher premiums at lower income levels than before. However, the Affordable Care Act legislation froze these income thresholds in 2010 until the last day of 2019. Then, as Congress continually seeks new ways to extend the life of the Medicare fund, legislation in 2015 tightened the tax brackets at which people incur higher premiums beginning in 2018.


Source: Forbes January 03, 2018 13:52 UTC


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