I cannot start my Social Security check because I work and make more than Social Security allows without having to pay a penalty because I am not at my full retirement age FRA. You are correct that Americans are paying their Medicare premiums monthly by having the premium taken from their Social Security check. Social Security will send a letter informing the Medicare beneficiary that Social Security is deducting the monthly Medicare Part B premiums from your Social Security check.
You should make sure that you keep up with your monthly premiums, so your Medicare Parts A and B are not terminated. A simple way to pay a monthly premium or your complete Medicare premium bill by credit card until the Medicare Easy Pay form is activated is by visiting www. When creating a Medicare account, you must have applied for Medicare and have your Medicare number to open your account. On your Medicare account is your Medicare information such as:.
If one does not stay current with their Medicare premiums, then the Medicare Beneficiary might lose their benefits and may be charged a penalty when they re-enroll. When someone does not have the required 40 working quarters to qualify for Medicare or is married with a spouse that does have the 40 quarters, then they may also have to pay a premium for Part A which is expensive.
Medicare Part D prescription drug premiums are not available via the Medicare site but are managed by the Medicare Part D prescription drug company. One can pay their Medicare prescription drug premium either directly to the prescription drug company by check or credit card.
Take your time and study this Medicare rule. Confused about Medicare? Visit www.
