Understanding IRMAA: What You Need to Know for 2025

Understanding IRMAA: What You Need to Know for 2025

The Income-Related Monthly Adjustment Amount (IRMAA) is an additional charge that some Medicare beneficiaries must pay on top of their standard Part B and Part D premiums. This surcharge is based on your Modified Adjusted Gross Income (MAGI) from two years prior. For...

Inflation Reduction Act and Medicare 2025: Significant Changes Explained

Impact of the Inflation Reduction Act In preparation for the Medicare Season for 2025, licensed agents like myself begin preparations for the Medicare 2025 season. The upcoming season will see significant changes, especially for Medicare Part D (Prescription Plans)...

Medicare Open Enrollment 2024: What You Need to Know

The Annual Open Enrollment Period (AEP), which runs between 🗓️October 15 and December 7, 2023, for renewals in 2024, is in full swing. CMS requires all agents to record any phone calls. Therefore, after you fill out the required Scope of Appointment (SOA), please...