yes
we use a sliding scale to calculate the adjustments , based on your modified adjusted gross income MAGI . Your MAGI is your total adjusted gross income and tax - exempt interest income .
If I re a higher - income beneficiary with Medicare prescription drug coverage
you ll pay monthly premiums plus an additional amount , which is based on what you report to the IRS . Because individual plan premiums vary , the law specifies that the amount is determined using a base premium .