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Questions with the Keyword IRMAA

QuestionsPossible Answers
If required to pay an extra amount for prescription drug coverage because of the Part D-IRMAA requirements, can it just be added to the monthly premium payment?No. You should not add this amount to your monthly plan premium payment. The extra amount can be withheld from SSA benefits, or it is billed directly by Medicare if SSA benefits cannot cover the amount.
How will I know if I have to pay Part D-IRMAA?If you need to pay Part D-IRMAA, the Social Security Administration will send you a letter with instructions on how to pay the extra amount.

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