Frequently Asked Questions about Paying Your Premiums

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 . . .

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 . . .

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 . . .

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.

The Centers for Medicare and Medicaid Services (CMS) have implemented safe-guards to protect Medicare beneficiaries who inadvertently missed a Medicare Part D premium payment and require Medicare p . . .

No. When you enroll in your new Medicare drug plan, you will need to make a new choice about how to pay your premiums.  You can again choose automatic premium deduction from your Social Secu . . .

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 . . .

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 . . .

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 . . .

Social Security cannot process your request for automatic premium deduction for your new plan until the premium deduction for your previous plan is stopped. The request from your new plan will be reje . . .

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 . . .

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 . . .

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 . . .

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, . . .

If the Social Security Administration (SSA) withheld the Medicare plan premium, Social Security will refund your premium.  You should get this refund as an individual payment, separate from your . . .

If your monthly Social Security benefit isn't enough to cover multiple [Medicare Part D] premium payments at one time, the premiums won't be deducted. Your plan will bill you directly and you can pay . . .

Unless you are instructed to do so by your Medicare plan, you probably do not want to just send a check directly to your Medicare plan (and even then, you should call your Medicare plan to ensure that . . .

2 to 3 months.  Originally,  the Centers for Medicare and Medicaid Services (CMS) noted that it generally takes about two months from the time your Medicare drug plan submits the request for . . .

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 . . .

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 . . .

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 . . .

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 . . .

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 . . .

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 . . .

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, . . .

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 . . .

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, . . .

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 . . .

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

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 . . .

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 . . .

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  . . .

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 . . .

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.

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 . . .

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 . . .

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 . . .

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 . . .

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 . . .

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 . . .