Social Security Errs in Administering Medicare Premiums

The Social Security Administration recently announced that they failed to deduct certain Medicare Plan premiums from beneficiary checks.  Due to a software glitch since about January of this year, they were supposed to deduct premiums for some Medicare Advantage and Part D drug plans and remit to the appropriate carriers.  This affected about 250,000 beneficiaries.   Many of those are now getting bills directly from their Plan carrier.

This is supposed to be a good way to pay eligible premiums for those already drawing Social Security.  I recommend to all of my clients who are drawing Social Security to elect this payment mode.

If you want to read more about this situation, you can click on the link below.

https://amp.kiplinger.com/article/retirement/T039-C000-S004-medicare-premiums-snafu-affects-social-security.html

Based in the Richmond, Va area, David Higgs of Choices In Medicare specializes in helping seniors transition to Medicare.  He can be reached at email:  David@ChoicesInMedicare.com or go to website:  www.ChoicesInMedicare.com