Sep 11
We have received many questions regarding what happens if I have automatic premium deduction from my Social Security benefit and I switch to a different Medicare drug plan later? Will the automatic premium deduction carry over to my new drug plan?
The answer is NO.
When you enroll in your new Medicare drug plan, you will need to make a new choice about how to pay your premiums. You can again choose automatic premium deduction from your Social Security benefit. Premium deductions generally start two months after your drug plan submits the request. This means that the first time the premiums are withheld from your Social Security benefit, two monthly premium payments will be withheld. After the first time, only one monthly premium payment will be withheld from your monthly Social Security benefit.
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March 23rd, 2010 at 1:26 am
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April 2nd, 2010 at 6:10 pm
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April 12th, 2010 at 5:02 am
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April 16th, 2010 at 10:48 pm
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June 25th, 2010 at 9:37 pm
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