Assumptions:
1. The standard Part B premium, currently $104.90, is 25% of the full Part B premium of $419.60.
2. The standard Part B premium is increasing from $104.90 to $120.
3. The current IRMAA tiers are 35% ($146.90), 50% ($209.80), 65% ($272.70), and 80% ($335.70) of the full Part B premium.
Is it correct to calculate that the 2016 IRMAA amounts will be based on a full Part B premium of $480?
That would increase those paying $146.90 to $168, increase those paying $209.80 to $240, increase those paying $272.70 to $312, and increase those paying $335.70 to $384.
I've got lot
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1. The standard Part B premium, currently $104.90, is 25% of the full Part B premium of $419.60.
2. The standard Part B premium is increasing from $104.90 to $120.
3. The current IRMAA tiers are 35% ($146.90), 50% ($209.80), 65% ($272.70), and 80% ($335.70) of the full Part B premium.
Is it correct to calculate that the 2016 IRMAA amounts will be based on a full Part B premium of $480?
That would increase those paying $146.90 to $168, increase those paying $209.80 to $240, increase those paying $272.70 to $312, and increase those paying $335.70 to $384.
I've got lot
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