Ask Larry

Is the Medicare Premium Deducted in Advance?

Is the Medicare premium deducted in advance, concurrently or in arrears? For example, is the premium deducted from a September Social Security payment going to pay the September Medicare premium? Thank you!

Hi, That's my understanding, but you should read Phil Moeller's new book Get What's Yours for Medicare -- It's coming out on October 4th. It get's into all the nitty gritty details of Medicare. It's an excellent read. I highly recommend it.

My best, Larry

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Posted: 
Sep 16 2016 - 2:30pm
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