History and Explanation
The standard Medicare premium for calendar year 2008, although under review by Congress, is
published as $96.40. However, according to new rules for higher incomes, the income-related premium
will apply to some retirees (known as income-related monthly adjusted amount or IRMAA). The Medicare
Part B premium is a monthly deduction from your Social Security check. Medicare adjusts deductibles on
an annual basis. Please be certain to review the information provided to you by the federal government. You
are invited to visit Medicare and Social Security-dedicated web sites:
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