Our goal is to give you the tools and confidence you need to improve your health and finances. Although we may receive compensation from our partner insurance companies, whom we will always identify, all opinions are our own. CoverRight Inc. and CoverRight Insurance Services Inc. (NPN: 19724057) are collectively referred to here as "CoverRight".
CoverRight co-founder Richard Chan digs into Medicare Part B Costs and Income-Relate Adjustments.
Richard discusses a number of related topics in this week’s video including:
- What are the costs for Medicare Part B?
- How the costs may change based on income?
- What is the Income-Related Adjustment and how is it calculated
- What can you do to have the premium adjusted under certain life events and how you file the paperwork needed. Here is the form needed: https://www.ssa.gov/forms/ssa-44-ext.pdf
- How often does your Part B premium change?
- Do you have to do anything to update your income once you’re enrolled in Medicare and retired from the workforce?
