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Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.
October 16, 2019
Category:
Can I Pay My Medicare Premiums Monthly Rather Than Quarterly?
I received my first Medicare pre,ium bill, and was surprised to find that the amount due is based on a quarterly payment schedule.
Can I instead pay monthly?
Hi,
Probably not. Part B Medicare premiums are billed on a quarterly basis if they can't be withheld from a person's benefits, although if a person is also paying premiums for Part A of Medicare then they're billed monthly. If and when you start drawing Social Security benefits, your Part B premiums will then be deducted on a monthly basis.
Best, Jerry