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Medicare's income-related premiums under current law and proposed changes
Medicare's income-related premiums under current law and proposed changes
The U.S. House of Representatives is considering legislation (H.R. 3922) to extend funding for the Children's Health Insurance Program that includes a provision to increase Medicare premiums for some higher-income beneficiaries to help offset the cost of the legislation. The Congressional Budget Office (CBO) has estimated that this provision would increase Medicare's premium revenues (and thereby reduce program spending) by $5.8 billion between 2018 and 2027. This issue brief describes current requirements with respect to Medicare's Part B and Part D income-related premiums and proposed changes under the House legislation.
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