Why Did You Receive a Bill for Your Medicare Premiums?
In case you receive a monthly payment from Social Security, the Civil Service or the Railroad Retirement Board, you need to get the Medicare Part B premiums deducted from the monthly benefit payment. In case you don’t receive any benefit payments, but choose to sign up for Medicare Part B coverage, you will receive a bill. On the other hand, if you choose to purchase Part A coverage, you will always receive a bill for the premium.
Do You Need to Pay for Part A Hospital Insurance Coverage?
You won’t have to pay for Medical Part A coverage if you or your spouse worked, and even paid Social Security taxes for a minimum of 10 years. In case you or your spouse didn’t ever pay Medicare taxes while working and you’re above 65 years of age, you may be able to purchase Medicare Part A coverage. For more information about purchasing Medicare part A coverage, you should consult the Social Security Administration. You can call at 1-800-772-1213.
What are Your Options to Pay Medicare Drug Plan Premiums?
There are different options you can choose from to pay the Medicare drug plan premium. Depending on the specific plan and situation, you may be able to appropriately pay your drug plan premium in one of the following ways :
- Deducted from the Savings or Checking account
- Charged to a debit or credit card
- Billed to you every month directly by the Medicare plan. Some plans even bill you in advance for the coverage of next month. You need to send the payment to the provider, and not Medicare.
- Deduction from the monthly Social Security payment. You need to consult the drug plan, and not Social Security, to gather more information about this specific payment option. It can be a convenient way to pay for your premiums.