Orion Financial Services LLC is not connected with or endorsed by the U.S. Government or the Federal Medicare program.
We may not however offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area.
Please contact Medicare.gov or 1-800-MEDICARE to get information on all of the options available to you.
Medicare
If you are turning 65, an existing Medicare beneficiary, or newly eligible for Medicare, we strongly recommend reading the Medicare & You Handbook.
This guide is provided by CMS annually and covers changes to Medicare. The changes covered are paramount to what your costs will be under Medicare if you are a beneficiary.
Our agents will go over the handbook with you during any appointment by request.
Important Guides and Information
CT Standardized Medicare Supplement (Medigap ) Plans
2023 Benefits Guide (Prepared by the Aging and Disability Services)
Who Pays First. (What you need to know about coordination of benefits).
IRMAA
If you are a higher-income beneficiary congratulations. With that higher income Medicare will impose a surcharge.
The surcharge is the IRMAA (Income Related Monthly Adjustment Amount)
If you would like to request an adjustment due to a major life-changing event contact the SSA and review the following form.
The theory is that you should be able to afford a higher premium instead of the usual premium due to your success.
The IRMA-related surcharge will apply to your Part B Premium and your Part D Premium.
Social Security will notify you if you will have a higher Part D premium.
To determine if you will have to pay the surcharge view the following chart or contact the SSA.
Note: IRMA for 2024 will be set based on your income for 2022. Break out your Tax Returns!!!!
|
Single
|
Married Filing Jointly
|
Married Filing Separately
|
Part B Premium
|
Part D IRMAA
|
|---|---|---|---|---|
|
$103,000 or less
|
$206,000 or less
|
$103,000 or less
|
$174.70
|
$0 + your plan premium
|
|
$103,000 up to $129,000
|
$206,000 up to $258,000
|
N/A
|
$244.60
|
$12.90 + your plan premium
|
|
$129,000 up to $161,000
|
$258,000 up to $322,000
|
N/A
|
$349.40
|
$33.30 + your plan premium
|
|
$161,000 up to $193,000
|
$322,000 up to $386,000
|
N/A
|
$454.20
|
$53.80 + your plan premium
|
|
$193,000 and less than $500,000
|
$386,000 and less than $750,000
|
$103,000 and less than $397,000
|
$559.00
|
$74.20 + your plan premium
|
|
$500,000 or above
|
$750,000 and above
|
$397,000 or above
|
$594.00
|
$81.00 + your plan premium
|