108 Medicare Terms Defined

Medicare Glossary

Plain-English definitions for every Medicare term — from ABN to ZIP enrollment. No jargon, no confusion.

Showing 2 results for "Part D"clear search

I

Independent Payment Advisory Board

Part D

The point at which your total drug spending under Part D reaches a set threshold, after which you enter the coverage gap phase. This limit applies to the combined spending by you and your plan.

Also known as: ICL

IRMAA (Income-Related Monthly Adjustment Amount)

Costs & Coverage

An extra amount added to your Part B and Part D premiums if your income is above a certain threshold, based on the tax return from two years earlier. IRMAA is reassessed annually and can be appealed after certain life-changing events like retirement.

Also known as: IRMAA

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