Did You Know: Understanding Original Medicare Billing

Understanding Original Medicare (Part A and Part B) billing can be a bit complex, but I can help break it down for you.

Medicare Part A & Part B Billing 

1. Automatic Deductions:
   1. If you receive Social Security benefits, your Medicare Part B premium is usually deducted automatically from your monthly Social Security payment
   2. If you don't receive Social Security benefits, you'll receive a bill from Medicare 
2. Billing Frequency:
   1. Part A (Hospital Insurance): Most people don't pay a premium for Part A if they or their spouse paid Medicare taxes while working. If you do pay a premium, you'll be billed monthly
   2. Part B (Medical Insurance): You'll be billed every three months if you don't have it deducted from your Social Security benefits Payment Methods: 
3. Payment Methods:
   1. Online: You can pay your Medicare premium online through your Medicare account using a credit/debit card, Health Savings Account (HSA) card, or checking/savings account 
      
   2. Medicare Easy Pay: This is an automatic deduction from your bank account. You can sign up online or by mailing a form
4. Help with Costs: 
   
   1. If you have limited income and resources, you might qualify for programs that help pay your premiums and other costs like deductibles, coinsurance, and copay

It’s important to note that you may receive multiple first invoices from the Social Security office. The first one may not reflect any IRMAA charges. You will receive an updated invoice, so it’s fair to say that last one received is the most accurate. If you believe that the premium is incorrect, please complete a Redetermination Request Form.

Learn more: How to Pay Part A & Part B premiums | Medicare