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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (214208)	8/2/2007 10:47:29 AM
From: Lane3	Respond to of 793968

Is that legal? Do you have to sign a release allowing it when you sign up? I have no clue. Maybe Murray can tell us. He said he was in the process of enrolling. I won't be doing that for another few months. Here's what Medicare has to say. I inferred from that that they check your tax returns. "Starting January 1, 2007, Your Part B Premium will be Based on Your Income Most people will pay the standard monthly Part B premium of $93.50 in 2007. Some people will pay a higher premium based on their modified adjusted gross income. Your monthly premium will be higher if you file an individual tax return and your annual income is more than $80,000, or if you are married (file a joint tax return) and your annual income is more than $160,000. If you meet these criteria, 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 2005 tax return will be used to determine your monthly Part B premium in 2007. If your income has decreased since 2005, you can ask that the income from a more recent tax year be used to determine your premium, but you must meet certain criteria. At the end of each year, Social Security will send you a letter if your Part B premium will increase based on the level of your income and to tell you what you can do if you disagree. For more information about Part B premiums based on income, call Social Security at 1-800-772-1213." That phone number is useless, BTW.