Social Security Report

Q & A

I will soon sign up for Medicare at age 65, but I am not getting Social Security yet. How do I pay Medicare premiums if not receiving monthly SSA benefits?

Answer: A quarterly payment schedule is arranged that is payable by automatic deduction from a savings or checking account, by check or money order, or by credit card. Details are on the Medicare website, www.medicare.gov.

Note that you might not have a Medicare premium to pay. Most people enroll in Medicare Part A (Hospital) at age 65 even if working and having insurance through their employer. Part A does not have a monthly premium. Read more…

Source: Howard Kossover, Social Security public affairs specialist for North Dakota and western Minnesota. Reach him at howard.kossover@ssa.gov. Read his blog at socialsecurityinfo.areavoices.com.

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