Medicare will assess a higher premium (surcharge or levy) in a couple of different situations.
Medicare Part B premiums may carry a levy based on your income. Congress decided higher income people should pay more for their Medicare coverage. The surcharge varies and is based on your income tax return from 2 years prior.
There is also a late enrollment penalty that may apply if you fail to enroll in Part B on a timely basis.
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Medicare Part B premiums may carry a levy based on your income. Congress decided higher income people should pay more for their Medicare coverage. The surcharge varies and is based on your income tax return from 2 years prior.
There is also a late enrollment penalty that may apply if you fail to enroll in Part B on a timely basis.