Journal Article Raising Medicare Premiums for Higher-Income Beneficiaries
Assessing the Implications
Juliette Cubanski, Tricia Neuman, Gretchen Jacobson, Karen E. Smith
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As policymakers consider ways to slow the growth in Medicare spending as part of broader efforts to reduce the federal debt or offset the cost of other spending priorities, some have proposed to increase beneficiary contributions through higher Medicare premiums. Some proposals would increase Medicare premiums paid by all beneficiaries, while others would raise premiums only for beneficiaries with higher incomes. This issue brief explains provisions of current law that impose income-related premiums under Medicare Part B and Part D, describes recent proposals to modify these requirements, and analyzes the potential implications for the Medicare population.
Research Areas Economic mobility and inequality Health and health care Wealth and financial well-being Aging and retirement
Tags Economic well-being Asset and debts Medicaid and the Children’s Health Insurance Program  Pensions Medicare Income and wealth distribution Financial stability
Policy Centers Income and Benefits Policy Center