Many people on Medicare pay for their Part B premiums out of their Social Security benefit. The premium is taken out before you even get your deposit. But how do you pay for Medicare if you aren’t receiving your Social Security benefits yet? The default is quarterly billing from Medicare. Read more…
How do I start Medicare after age 65? How do I start Medicare after 65? You’re in a unique situation where you didn’t start Medicare at age 65 like most people. It’s becoming more and more common so you’re not alone. But now the time has come to start Medicare. Read more…
2021 Medicare Costs & Premiums Changes to 2021 Medicare costs and premiums was just announced in early November. Medicare Part B The 2021 Medicare Part B premium is increasing from $144.60 per month in 2020 to $148.50 in 2021. The Medicare Part B deductible is a once per calendar year Read more…
Your enrollment in Medicare Part B is directly related to receiving your social security benefits. If you’re already receiving your social security benefits before age 65, your enrollment into Medicare Part B will be automatic. If you are not receiving your social security benefits, then you will have to register for Medicare Part B if you plan Read more…
2020 Medicare Parts A and B Changes Every year Medicare can change their premiums as well as your co-insurance amounts for Original Medicare. Some years the changes are relatively small. Other years the changes are larger. 2020 has some of the largest increases we’ve seen in the past few years. Read more…