The Medicare Part B standard or base premium for 2024 is $174.70 per month. Most people will pay this amount, but if your modified adjusted gross income is above a certain level, you’ll pay the standard premium plus an income-related monthly adjustment amount (IRMAA).
You may have been charged an income-related monthly adjustment amount (IRMAA) or it may include premiums owed for previous months. Pay attention to the coverage period as well since your part B premium may be billed quarterly (for a period of 3 months).
There’s also a helpful Medicare Premium Bill guide you can reference that gives detailed explanations for each section of the “Medicare Premium Bill”.
If you’re receiving a monthly income benefit from Social Security, then your Part B premium will be automatically deducted. If you are not receiving a monthly income benefit, you’ll get a bill.
If you receive a “Medicare Premium Bill” (form CMS-500) from Medicare, you can sign up for recurring auto payment through Medicare Easy Pay.
More info about "Medicare Easy Pay" here: https://www.medicare.gov/medicare-easy-pay
Yes. There should be a section in the lower left corner of your bill that you can use to provide your credit card info.
You should try referencing this helpful guide first, but if you still have questions you can call Social Security at 1-800-772-1213.
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