The expense of your premium is determined by your annual income, whether you file separately or jointly with your spouse. This below categorises Medicare Part B premium costs according to income.
Late enrollment sanctions for Medicare Part B may also apply. If you wait that long to enroll in Medicare Part B, you may face a 10% increase in premiums for each 12-month period in which you were qualified but did not enroll. For example, if you wait until 27 months after your eligibility expires, you will be without coverage for two 12-month periods. As just a result, one monthly premium would rise by 20% (10% per period x two 12-month periods) for the remaining portion of your Part B coverage.
