Millions of seniors get health benefits through Medicare in retirement, but those benefits come at a cost. While Part A, which covers hospital care, is generally free for enrollees, Part B, which covers doctor visits and preventive care, comes at a premium. The cost of that premium, however, can vary from year to year. Currently, the standard Part B premium is $135.50, but in 2020, it`s increasing by $9.10 to $144.60 -- a fact that many seniors are unhappy about. But here`s some more bad news: If you`re a higher earner, you`ll pay even more than $144.60 for Part B next year. That`s because higher earners are subject to income-related monthly adjustment amounts (IRMAA) that make Medicare even...
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