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Michael M Insurance Services Blog

Paying Your Part B Premium

4/23/2021

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When you sign up for Medicare your Part B will be coming with a premium. The amount will depend upon your income as discussed earlier. If you are collecting Social Security your Part B premium will be deducted monthly. If not, you will receive a bill and depending upon where your at in the quarter it could be for 3-4 months before settling in to a quarterly payment. You have some options on how to pay this. 
Medicare Web Site-
It is advisable to set up your own account here. You'll be able to change the frequency to monthly, set up an auto account that it can be deducted from or even use a credit card. Some individuals send a check and then wait the 30 days to see if it has cleared and wonder if there Part B is still active.  It does take time to shut it off but depending upon how busy they are processing checks, it can be an agonizing wait.
Set up your account and you'll be in charge.
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Michael M Insurance Services​
Office Location:
445 Broad Hollow Rd.
Suite 25
Melville, NY 11747

​Mailing Address:
PO Box 465
Brightwaters, NY 11718​
(631) 774-3786​
Click Here to Email Us
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Disclaimer- Michael M Insurance Services does not represent all of the Medicare Health Plans available in your area. For a complete list of plans feel free to contact us or go to the Medicare.gov website for more information. Plan listings can also be found in the Medicare and You Guide which can be found in the Medicare Document Library at the bottom of the Home Page. In any case we are available to assist you in getting the answers and information you need.
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  • Home
  • Medicare
    • Part A
    • Part B
    • Part C - Medicare Advantage
    • Medicare Supplement
    • Part D
    • Medicare Seminar
  • Contact
  • About
    • Agency Photo Gallery
    • Blog
    • Office Appointment
    • Zoom Appointment
  • Other Services
    • Final Expense Insurance
    • Long Term Care Insurance
    • Online Documents