Medicare Part B is a lifeline for many people, but the cost can be a shock—especially if you get hit with IRMAA. If you’re seeing your Part B bill climb toward $600 a month, you’re not alone. IRMAA, or Income-Related Monthly Adjustment Amount, is a surcharge that can make your premiums much higher than you expect. This isn’t just a small increase. For some, it’s a jump that can throw off a whole budget. Understanding why this happens and what you can do about it matters. Here’s what you need to know if you’re worried about your Medicare Part B bill and IRMAA.
