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Medicare D has a monthly premium where the higher your income, the higher your premium will be. True or False?

User Blackdrag
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Final answer:

Medicare D has a monthly premium that increases with income.

Step-by-step explanation:

The statement is true. Medicare Part D is the prescription drug coverage portion of Medicare. It has a monthly premium that varies based on income. The higher your income, the higher your premium will be. This is implemented through an income-related monthly adjustment amount (IRMAA) that increases the premium for individuals with higher incomes.

User Rashidcmb
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