If My Benefit Amount Goes Up Due To Additional Earnings, Will It Affect My Medicare Premium Rate?
I started medicare in 2016, but was not on SS yet. My medicare premium went up 10% in 2017 because I was not "held harmless". I am eligible for SS Oct 2017, and will qualify for the "held harmless" rule then. BUT my question is, if I continue to work after receiving SS, then my SS amount will go up by about 3% each year I keep working. My working will not cause me to go into another IRMMA bracket. If they have a COLA of 1% then my medicare premium could go up by 1% - HOWEVER will they also increase my medicare premium to include my Increased SS amount of 3%?