Ask Larry

Will My Part B Medicare Premium Be Deducted From My SS Payment If The Premium Is More Than The Payment?

Will SS deduct my Medicare part B premium if my SS benefit is less than the premium?

Hi. Yes. If your monthly Medicare premium owed exceeds your monthly Social Security benefit rate, Social Security withholds your entire benefit payment and then you are billed for any remaining Medicare premiums owed.

Best, Jerry

Category: 
Medicare
Posted: 
Dec 18 2021 - 10:33am
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