For Persons with Higher Income Levels.
However, most people who get Social Security benefits will pay less than this amount. This is because the Part B premium increased more than the cost-of-living increase for 2018 Social Security benefits.
If you pay your Part B premium through your monthly Social Security benefit, you’ll pay less ($109 on average). Social Security will tell you the exact amount you will pay for Part B in 2018.
You’ll pay the standard premium amount if:
Social Security will use the income reported two years ago on your IRS income tax return to determine your premium (if unavailable, SSA will use income from three years ago). For example, the income reported on your 2016 tax return will be used to determine your monthly Part B premium in 2018. If your income has decreased since 2017, you can ask that the income from a more recent tax year be used to determine your premium, but you must meet certain criteria.
The chart below shows the Part B monthly premium amounts based on income. These amounts change each year. There may be a late-enrollment penalty.
Less than or equal to $85,000
$0.00
Income-related monthly adjustment amount
$134.00
Total monthly premium amount
Greater than $85,000 and less than or equal to $107,000
$53.50
Income-related monthly adjustment amount
$187.50
Total monthly premium amount
Greater than $107,000 and less than or equal to $160,000
$133.90
Income-related monthly adjustment amount
$267.90
Total monthly premium amount
Greater than $160,000 and less than or equal to $214,000
$214.30
Income-related monthly adjustment amount
$348.30
Total monthly premium amount
Greater than $214,000
$294.60
Income-related monthly adjustment amount
$428.60
Total monthly premium amount
Less than or equal to $170,000
$0.00
Income-related monthly adjustment amount
$134.00
Total monthly premium amount
Greater than $170,000 and less than or equal to $214,000
$53.50
Income-related monthly adjustment amount
$187.50
Total monthly premium amount
Greater than $214,000 and less than or equal to $320,000
$133.90
Income-related monthly adjustment amount
$267.90
Total monthly premium amount
Greater than $320,000 and less than or equal to $428,000
$214.30
Income-related monthly adjustment amount
$348.30
Total monthly premium amount
Greater than $428,000
$294.60
Income-related monthly adjustment amount
$428.60
Total monthly premium amount
Premiums for beneficiaries who are married and lived with their spouse at any time during the taxable year, but file a separate return, are as follows:
$0.00
Income-related monthly adjustment amount
$134.00
Total monthly premium amount
$214.30
Income-related monthly adjustment amount
$348.30
Total monthly premium amount
$294.60
Income-related monthly adjustment amount
$428.60
Total monthly premium amount
If you are having trouble paying your premiums, you should call your State Medical Assistance (Medicaid) office to see if you qualify for some help. Some states refer to the Medicaid office as the Public Aid office, the Public Assistance office, or the State Medical Assistance office.