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In 2023, the monthly premium will be $164.90 (if your modified adjusted gross income is $97,000 per year or less). According to faq.ssa.gov: “Some people who collect Social Security benefits and have their Part B premiums deducted from their payment will pay less. This is because their Part B premium increased more than the cost-of-living increase for 2020 Social Security benefits. Social Security will send a letter to all [...]
Yes, individuals that make more than $97,000 and couples that make more than $194,000 will be charged more for parts B & D.
Your Medicare card is your proof of insurance, if the card is lost, stolen or destroyed you can ask for a replacement card by logging into your Social Security account. Your replacement card will be mailed to you within 30 days of requesting a replacement. It’s advised to change your mailing address before requesting a new card.
If you already get Social Security, you will automatically be enrolled in Medicare Hospital Insurance (Medicare Part A) and Medical Insurance (Part B). You will receive information about your benefits in the mail a couple of weeks before you become eligible. If you’re not on Social Security and not ready to get it yet, we suggest enrolling in Medicare 3 months before your 65th birthday. Use (link here) to [...]