1. Peggy MacePRO
    COO and Senior Agent, Outlook Life, All 50 States
    IRMAA stands for Income Related Monthly Adjustment Amount and is the extra premium that persons with higher income must pay for Medicare Part B and drug coverage. IRMAA Medicare Part D uses the income on the 2011 tax return in determining whether higher premiums should be charged. The extra premiums range from $11.60 to $66.60/mo in 2013, for incomes over $85,000.
    Answered on July 30, 2013
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