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Medicare strives to improve access to affordable treatments to keep you healthy. Check out what’s new this year to help you manage your health. Saving money on your prescription drugs Starting January 1, 2024. If your modified adjusted gross income as reported on your IRS tax return from 2 years ago is above a certain amount, you'll pay the standard premium amount and an Income Related Monthly Adjustment Amount (IRMAA). IRMAA is an extra charge added to your premium.
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