Sec. 53114. ADJUSTMENTS TO MEDICARE PART B AND PART D PREMIUM SUBSIDIES FOR HIGHER INCOME INDIVIDUALS
403 words·~2 min read·
/statute-compilations/comps-14173/sec-53114A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 53114 ADJUSTMENTS TO MEDICARE PART B AND PART D PREMIUM SUBSIDIES FOR HIGHER INCOME INDIVIDUALS ###
(a)In General Section 1839(i)(3)(C)(i) of the Social Security Act (42 U.S.C. 1395r(i)(3)(C)(i)) is amended— ####
(1)in subclause (II), in the matter preceding the table, by striking “years beginning with”; and ####
(2)by adding at the end the following new subclause: > > ###### “(III) > > Subject to paragraph (5), for years beginning with 2019: **If the modified adjusted gross income is:** **The applicable percentage is:** More than $85,000 but not more than $107,00035 percentMore than $107,000 but not more than $133,50050 percentMore than $133,500 but not more than $160,00065 percentMore than $160,000 but less than $500,00080 percentAt least $500,00085 percent. > ###
(b)Joint Returns Section 1839(i)(3)(C)(ii) of the Social Security Act (42 U.S.C. 1395r(i)(3)(C)(ii)) is amended by inserting before the period the following: “except, with respect to the dollar amounts applied in the last row of the table under subclause
(III)of such clause (and the second dollar amount specified in the second to last row of such table), clause
(i)shall be applied by substituting dollar amounts which are 150 percent of such dollar amounts for the calendar year”. ###
(c)Inflation Adjustment Section 1839(i)(5) of the Social Security Act (42 U.S.C. 1395r(i)(5)) is amended— ####
(1)in subparagraph (A), by striking “In the case” and inserting “Subject to subparagraph (C), in the case”; ####
(2)in subparagraph (B), by striking “subparagraph (A)” and inserting “subparagraph
(A)or (C)”; and ####
(3)by adding at the end the following new subparagraph: > > ##### “(C) Treatment of adjustments for certain higher income individuals > > > ###### “(i) In general > > Subparagraph
(A)shall not apply with respect to each dollar amount in paragraph
(3)of $500,000. > > > ###### “(ii) Adjustment beginning 2028 > > In the case of any calendar year beginning after 2027, each dollar amount in paragraph
(3)of $500,000 shall be increased by an amount equal to— > > > ###### “(I) > > such dollar amount, multiplied by > > > ###### “(II) > > the percentage (if any) by which the average of the Consumer Price Index for all urban consumers (United States city average) for the 12-month period ending with August of the preceding calendar year exceeds such average for the 12-month period ending with August 2026.” > .
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 53114
ADJUSTMENTS TO MEDICARE PART B AND PART D PREMIUM SUBSIDIES FOR HIGHER INCOME INDIVIDUALS
Cites 1Cited by 0 across 0 sources