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Whether you’re enrolled in a premium or non-premium plan, you can pay your plan premium and any
applicable late enrollment penalty (LEP) and/or OSB by automatic deduction from your Social Security
Administration (SSA) or Railroad Retirement Board (RRB) benefit check. You can also choose to pay
by electronic funds transfer (EFT) or check via mail each month. The payment option you select here will
override any previous payment option you might have made, and will determine how you pay your total
premium, which may include a plan premium as well as the OSB premium and any LEP that’s applicable.
If you don’t select an option on the next page, you’ll default to direct pay and will receive a monthly
invoice, unless you currently pay your premiums and/or LEP via SSA or RRB benefit check, in which
case your OSB premium will also be withheld via this method.
I get monthly benefits from:
It can take up to 90 days to receive SSA/RRB withhold acceptance. SSA/RRB will begin deducting
on the date of acceptance. Members will receive an invoice for any months prior to the withhold
acceptance date by SSA/RRB, which will be their responsibility to pay. In limited circumstances,
Medicare may not allow for the SSA/RRB deduction option and may instruct the plan to directly bill
the member. If this occurs, you’ll be notified in writing.
If you choose to have the funds taken directly out of your checking account, this is referred to as an
electronic funds transfer (EFT). If you elect this method of payment, you’ll get a letter from the plan
requesting that a voided check be returned with the letter for account setup. Don’t submit a voided
check at the time of enrollment. Your request will be processed within 60 business days of the receipt
of a returned voided check and letter. Premiums are deducted from your bank account on the second
day of the month for the current month’s coverage.
You’ll receive a monthly invoice containing payment instructions.
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