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Medicare Premiums: Rules For Higher-Income Beneficiaries for 2020
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Medicare Premiums:
Rules For Higher-Income Beneficiaries
If you are in 1 of these 6 groups here's what you'll pay:
| If your yearly income in 2018 was: |
Part B monthly premium amount |
Prescription drug coverage monthly premium amount |
Individuals with $87,000.01 or less
Married with $174,000.01 or less |
Standard $144.60 |
Your plan premium |
Individuals above $87,000.01 up to $109,000
Married above $174,000.01 up to $218,000 |
$144.60 + $57.80 = |
Your plan premium + $12.20 |
Individuals above $107,000 up to $133,500
Married above $214,000 up to $267,000 |
$270.90 |
Your plan premium + $31.50 |
Individuals above $133,500 up to $160,000
Married above $267,000 up to $320,000 |
$352.20 |
Your plan premium + $50.70 |
Individuals above $160,000 up to $500,00
Married above $320,000 up to $750,000 |
$433.40 |
Your plan premium + $70.00 |
Individuals $500,00 & above
Married $750,000 & above |
$460.50 |
Your plan premium + $76.40 |
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If you are married and lived with your spouse at some time during the taxable year, but filed a
separate tax return, the following chart will apply:
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Part B monthly premium amount |
Prescription drug coverage monthly premium amount |
| Individuals of $87,000.01 or less |
$135.50 |
Your plan premium |
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Individuals above $87,000.01 & less than $412,999.99
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$433.40 |
Your plan premium + $70.00 |
| Individuals $412,999.99 & above |
$460.50 |
Your plan premium + $76.40 |
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