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How are Medicare benefits changing for 2026?
Changes to 2025 Medicare coverage include a $2,000 cap on Part D out-of-pocket costs, small reductions in the average premium for Medicare Advantage and Part D plans, increases for Medicare Part B and Part A premiums and cost-sharing, and adjustments to income-related premium surcharges for Part B and Part D.
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What is the income-related monthly adjusted amount (IRMAA)?
For 2025, high-income beneficiaries – earning over $106,000 a year – pay an IRMAA surcharge that’s added to their Part B and Part D premiums and determined by income from their income tax returns two years prior.
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Frequently-asked questions by tag

What happens when you don’t pay your Medicare premiums? photo

What happens when you don’t pay your Medicare premiums?

December 31, 2024 – Failing to pay your Medicare premiums puts you at risk of losing coverage, but that won't happen without… Read more

Who should I contact if I have an issue with my Medicare coverage? photo

Who should I contact if I have an issue with my Medicare coverage?

August 9, 2024 – You can usually address many Medicare Advantage or Part D enrollment issues by contacting Social Security or 1-800-MEDICARE. But you have… Read more

Is it a good idea to enroll in Medicare before I sign up for Social Security? photo

Is it a good idea to enroll in Medicare before I sign up for Social Security?

August 18, 2022 – The need for health coverage can arise before your need for Social Security benefits. Social Security and Medicare are interrelated, but… Read more

Do I need to be on Social Security to get Medicare coverage? photo

Do I need to be on Social Security to get Medicare coverage?

August 17, 2022 – Many seniors sign up for Social Security prior to securing Medicare coverage – but doing so is by no means a… Read more

Are Social Security and Medicare the same thing? photo

Are Social Security and Medicare the same thing?

August 26, 2021 – Social Security is an income benefit for retirees who have worked and paid Social Security taxes for at least 10 years. Medicare provides… Read more