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Income-Related Monthly Adjustment Amounts for Medicare Part B and Prescription Drug Coverage Premiums

SSA · ssa-other · Published 2018-11-07 · Effective 2018-11-07 · 83 FR 55626

Document

Document number
2018-24336
Federal Register citation
83 FR 55626
CFR reference
20 CFR 418
Type
Rule
Action
Final rule.
Category
ssa-other
Agency
US Social Security Administration
Publication date
2018-11-07
Effective date
2018-11-07
Docket
Docket No. SSA-2018-0041

Abstract

The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) changed the modified adjusted gross income (MAGI) ranges associated with Medicare Part B and Medicare prescription drug coverage premiums for years beginning in 2018. The Bipartisan Budget Act of 2018 (BBA 2018) revised the MAGI ranges again for years beginning with 2019. We consider a beneficiary's MAGI and tax filing status to determine: The percentage of the unsubsidized Medicare Part B premium that the beneficiary must pay; and the percentage of the cost of basic Medicare prescription drug coverage the beneficiary must pay. This final rule makes our regulations consistent with the MAGI ranges specified by MACRA and BBA 2018.

Source

Authoritative
Federal Register document
Machine
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