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I mistakenly signed up for Medicare Plan B - Do I have to pay the premium?

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I mistakenly signed up for Medicare Plan B - Do I have to pay the premium?

When signing up for Social Security, I mistakenly signed up for Medicare Plan B.  I don't need it right now because I am currently employed and covered by my employer's group health plan. However, I have already received an invoice for the first three months of Medicare Plan B.  Do I have to pay it, even though I won't be using it?  Thank you. 

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Whether or not you have to pay for it (or some of it) depends on what the billing months are - Medicare Part B premiums are for the month of billing; they aren’t paid in advance for a current month.  So if one of these months is for June or earlier - you will have to pay.

 

Then you need to cancel Part B IF you have coverage that is acceptable to Medicare.  Here’s how you do it.

 

SSA.gov - How do I terminate my Medicare Part B (medical insurance)? KA-02713 - FAQ

 

Now to tell if your employer coverage is OK for you to drop Part B - usually if your employer has less than 20 employees, you may have to keep it because Medicare pays 2nd in that situation.

 

Medicare.gov - How Medicare Works With Other Insurance

 

This is the sort of stuff SSA will go over with you when you call about cancelling your Part B (or should).

It's Always Something . . . . Roseanna Roseannadanna
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