Beneficiaries who file individual tax returns with income that is: | Beneficiaries who file joint tax returns with income that is: | 2012 Medicare Part D Income Related Monthly Adjustment Amount: | 2011 Medicare Part D Income Related Monthly Adjustment Amount: |
Less than or equal to $85,000 | Less than or equal to $170,000 | $0.00 | $0.00 |
Greater than $85,000 and less than or equal to $107,000 | Greater than $170,000 and less than or equal to $214,000 | $11.60 | $12.00 |
Greater than $107,000 and less than or equal to $160,000 | Greater than $214,000 and less than or equal to $320,000 | $29.90 | $31.10 |
Greater than $160,000 and less than or equal to $214,000 | Greater than $320,000 and less than or equal to $428,000 | $48.10 | $50.10 |
Greater than $214,000 | Greater than $428,000 | $66.40 | $69.10 |
Beneficiaries who are married but file separate tax returns with income that is: | 2012 Medicare Part D Income Related Monthly Adjustment Amount: | 2011 Medicare Part D Income Related Monthly Adjustment Amount: |
Less than or equal to $85,000 | $0.00 | $0.00 |
Greater than $85,000 and less than or equal to $129,000 | $48.10 | $50.00 |
Greater than $129,000 | $66.40 | $69.10 |
Please note that the additional monthly Part D income-related adjustment amount is not collected by the Medicare Part D plans, but instead paid directly to the Federal government.
The amount of your IRMAA will be directly deducted from your Social Security, Railroad Retirement Board, or Office of Personnel Management benefits.
If there are not sufficient funds in your government benefits, then Medicare will bill you directly.
Medicare Part D beneficiaries affected by the 2012 IRMAA will receive a letter from the Social Security Administration notifying them of their Medicare Part D plan premium increase.