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There are several reasons why you are still paying a monthly Medicare Part D plan premium
even though you are qualified for Medicaid or Extra Help benefits:
(1) Your plan does not meet the bench . . .
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Within 2 to 3 months. Depending on any administrative issues, you can usually expect your Social Security check premium deductions to begin within 2 to 3 months after the start of a new Medicare . . .
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It depends on the Part D plan you choose. If your Medicare Part D prescription drug plan has a monthly premium below (or close to) your state's Low-Income Subsidy (LIS) Benchmark premium, and it . . .
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Within 3 months after your new coverage starts. Although Medicare Advantage plan coverage changes each year, some Medicare plans are able to "give back" a portion of your Medicare Part B premium . . .
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Maybe. If a person is disenrolled from their Medicare Part D or Medicare Advantage plan for failure to pay their monthly premiums and wants to re-enroll in their Medicare Part D plan
So yes, . . .
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Yes. You can contact the Member Services department of your Medicare Part D or Medicare Advantage plan if you wish to change how you pay your monthly premiums. The toll-free Member Se . . .
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If you submit an incomplete Medicare plan enrollment application and do not select a payment option, your newly chosen Medicare
plan will usually call you to add any missing information.
However, . . .
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Not really. Depending on your chosen Medicare Part D or Medicare Advantage plan, your monthly premium payment options may include:
Social Security check deduction,
Bank Draft (Elec . . .
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Your Medicare plan can disenroll you from the Medicare plan, send your unpaid balance to a debt collection agency, require you to pay unpaid premiums if you ever wish to rejoin the plan, and you may also incur a late-enrollment penalty if you rejoin any Medicare drug plan
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The Centers for Medicare and Medicaid Services (CMS) provides a "tip
sheet" explaining how Medicare beneficiaries can receive a refund for
their overpaid Medicare drug plan copayment and/or premiu . . .
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If a person stops paying their Medicare Part D or Medicare Advantage plan's monthly premium, the Centers for Medicare and Medicaid Services (CMS) Medicare manual allows a Medicare plan to disenroll th . . .
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No. After disenrollment, paying your past unpaid premiums will not get you reinstated back into your Medicare plan. Instead, you will need a valid enrollment period to rejoin a Medicare plan . . .
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Yes. Some people may wish to pay all twelve of their monthly Medicare plan premiums at one time instead of budgeting for the twelve monthly payments (or pay Medicare plan premiums semi-annually . . .
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Sometimes your Medicare plan will not have enough time to organize the automatic premium deduction from your Social Security check, resulting in a 3+ month delay in premium payments - and instead the plan will ask that you pay the premium directly until auto deductions can begin.
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Contact your Medicare Part D or Medicare Advantage plan's Member Services department to verify your method of payment. (The toll-free number for Member Services is on your Member ID card and mos . . .
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In general, you must show that your failure to make timely premium payments was due to
unique, unusual, or unexpected circumstances over which you had no control and could not
reasonably have been e . . .
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Contact your Medicare plan
immediately. A Medicare Part D or Medicare Advantage plan
can “involuntarily" disenroll you from the plan if you fail to pay your monthly
premiums - and once . . .
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Medicare Part D prescription drug coverage is like any other insurance - you will pay a monthly premium and also pay some cost-sharing for your drug coverage (for example, a $1 co-pay for a low-cost g . . .
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When changing to a new Medicare plan, the Social Security Administration sometimes needs several months to update their records with the correct Medicare Part D premium deduction information.
When . . .
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If you reach the Coverage Gap, you will receive a 75% discount on all of your Medicare
Part D plan's formulary drugs. The Donut Hole Discount has increased over the past years, but should remai . . .