What is the Part B Giveback?

Often called the Give Back Benefit or Part B premium buy-down, some Medicare Advantage insurance companies will refund a portion of your Part B premium each month.

Is There An Income Limit For Part B?

income limit

There is no income limit for Part B. However, the higher your income, the more you will have to pay in Part B premiums. The additional charge is called an Income Related Monthly Adjustment Amount (IRMAA). Here we will also cover the 2021 Part B costs and coverage.