If you pay for your Medicare premiums by automatic deduction from a Social Security check, some of your insurance coverage could be cancelled.<\/p>\n
A \u201cprocessing error\u201d led to premiums for Medicare Advantage plans (Part C) and prescription drug plans (Part D) to go unpaid nationwide for 250,000 retirees – all the way back to January – according to Social Security and Medicare. As many as five months of premiums are delinquent for some beneficiaries.<\/p>\n
Be on the lookout for letters from your insurance companies asking for payment – letters that might easily be overlooked as junk mail or a scam attempt – as insurers notify their customers of the payment lapses.\u00a0 You can either contact your insurance carrier or broker to assist you in this matter.<\/p>\n
You may think that your premiums for your policies are current, however find they are not.<\/p>\n
Retirees will need to find money to pay the outstanding premiums,\u00a0 because Social Security cannot deduct premiums for past months.<\/p>\n","protected":false},"excerpt":{"rendered":"
If you pay for your Medicare premiums by automatic deduction from a Social Security check, some of your insurance coverage could be cancelled. A \u201cprocessing error\u201d led to premiums for Medicare Advantage plans (Part C) and prescription drug plans (Part D) to go unpaid nationwide for 250,000 retirees – all the way back to January […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[18],"tags":[],"yoast_head":"\n