jwtietz wrote:I was sent the notice of the over limits magi. They send me a bill for Sept,oct and Nov for $419. In late sept they sent me another bill for 34.80 for med pt D increases. Then in late Nov I got another bill for $152 and another in Late Dec for $158.50. I just paid another in Jan 2013 for I believe $158.50. I just assumed that the billing was monthly or I would get a statement of account at some point. Stupid me.
$158.50 is 146.90 + 11.60 = 104.90 + 42.00 + 11.60
= Part B + Part D = Part A base + Part B IRMAA + Part D (IRMAA)
This is your premium for 2013. You got a bill in December for January. You just paid another bill for February.
The other bills were for 2012 and used 2012 premiums. There is a start up period, so your 2012 bills were split.
$34.80 divided by 3 is $11.60. This is the Part D (IRMAA) for the three months of Sept, Oct, Nov
(it stayed the same at this level in 2013).
If your $152 bill was really $151.50, then that was 139.90 + 11.60 or Part B total plus Part D for December.
If your $419 bill was really $419.70, then that was 139.90 times 3 or the Part B total for the three months.
You paid 4 months of IRMAA of $40.00 and $11.60 for 2012 and you are paying $42.00 + $11.60 this year.
I can't believe you never got a letter explaining your premiums.
P.S. I hope you now understand that the word "statement" means bill, just as it does when it comes from your credit card company.
P.P.S. Since you are paying more than the standard amount, it might be that your billing is supposed to be monthly. I base that on the previous quote mentioning that Part A premiums are billed monthly because of the high cost and because you are now getting monthly bills.