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Paying a higher share of Medicare premiums - CBS News
In May 2025, 68.9 million Americans were enrolled in Medicare according to the Centers for Medicare and Medicaid Services (CMS). The premiums paid by Medicare beneficiaries are generally 25 percent of the program costs for Part B and Part D, with the government paying the remaining 75 percent. However, for seven percent of the higher-income Medicare beneficiaries, instead of doing a 25:75 split with the government, they must pay a higher share of the program costs. This is referred to as the Income-Related Monthly Adjustment Amount (IRMAA). Angelica Leicht, reporting for CBS News, explains the Medicare Income Monthly Adjustment Amount. Read Ms. Leicht’s article here…
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