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SSA | RIN: 0960-AI37 | Publication ID: Fall 2018 |
Title: ●Income-Related Premium Adjustment for Medicare Parts B and D | |
Abstract:
The Bipartisan Budget Act of 2018 (BBA 2018) adjusted the Medicare Part B and Part D premium subsidy thresholds for higher income beneficiaries and set our modified adjusted gross income (MAGI) ranges. We consider a beneficiary’s MAGI together with tax filing status to determine 1) the percentage of the unsubsidized Medicare Part B premium that will be paid by beneficiaries, and 2) the percentage of the cost of basic Medicare prescription drug coverage that will be paid by beneficiaries. This final rule makes our regulations consistent with the thresholds and MAGI ranges specified by BBA 2018. |
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Agency: Social Security Administration(SSA) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
EO 13771 Designation: Fully or Partially Exempt | |
CFR Citation: 20 CFR 418.1105 20 CFR 418.1115 20 CFR 418.1120 20 CFR 418.2105 20 CFR418.2115 ... (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: The Bipartisan Budget Act of 2018 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Jennifer Dulski Social Insurance Specialist Social Security Administration 6401 Security Boulevard, 3rd Floor (East), Altmeyer Building, Woodlawn, MD 21235 Phone:410 966-4456 Email: jennifer.l.dulski@ssa.gov |