Dear Toni: My Medicare starts Nov. 1, and I received my first bill, due Oct. 25, about a week ago. This bill is for three months, from Nov. 1 to Jan. 31, and it’s over $550. I currently have more than ...
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Facing Medicare Sticker Shock? Here’s Why Your First Bill Could Be Hundreds More Than Anticipated
You qualify for Medicare after paying Medicare taxes your entire career. While those taxes cover most of your costs, Medicare still charges additional premiums to enrollees. These premiums can be ...
If your first Medicare bill is higher than you expected, that may be because of how Medicare collects payments. When you are not yet getting Social Security, Medicare sends you a Medicare Premium Bill ...
A first Medicare bill may be higher than expected due to the number of months the bill covers, late enrollment penalties, or because a person earns above a certain amount and must pay a surcharge.
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