If you currently receive benefits from Social Security Administration, the Railroad Retirement Board then your MyAARPMedicare Part A benefits (if you pay a premium) and / or Part B will automatically be deducted from the benefit amount. If you are not receiving benefits currently, you’ll receive a “Notice of Medicare Premium Payment Due” in the mail to pay your premiums manually.
There are many ways to pay your MyAARPMedicare rewards. You also have several payment options if you have a monthly premium subscription.
Pay MyAARPMedicare Part A & Part B Premiums
If you receive Social Security or Railroad Retirement Board (RRB) benefits, your part B ( Medical Insurance) premium will get debited from your benefit payment
If you do not receive any benefits, you will be charged the following premiums:
- Part B
- Part A (health insurance): If you buy it
- Part D income-related monthly adjustment amount (Part D IRMAA) – If your income exceeds a certain amount
If your income and resources are limited, your state can help you pay for your MyAARPMedicare premiums. You are also eligible for additional assistance for your Part-D drug coverage.
Procedure to Make Online Payment with MyAARPMedicare
Contact your bank or visit the website to configure this service. Kindly be sure that your payment is set up correctly so that your bill is compensated on time.
Provide the bank with the following information:
- The 11-digit Medicare number can be found on your health card or bill. Enter numbers and letters without dashes, without spaces or special characters. Check this carefully since the letters may look like numbers. (The letters B, I, L, O, S, and Z are not used in Medicare numbers).
- Recipient Name: CMS Medicare Insurance
Medicare Premium Collection Center
PO BOX 790355
St. Louis, MO 63179-0355
You must notify the bank how much money you must withdraw from your account to receive your reward. It is your responsibility to change the payment amount as soon as your premium rate changes in MyAARPMedicare.
If you are retired and not eligible for social security:
Get your premiums deducted from your pension. Dispatch an email to OPMMailbox@cms.hhs.gov.
If you have limited income and financial resources:
Your state can help you with Medicare Part A and / or Medicare Part B payments. You also have the right to get additional assistance with Medicare Part D prescription drug payments.
Note: Any selected payment method ( bank transfer (EFT)), social security check withholding or monthly bill applies to the full premium. In other words, you cannot pay part of the premium with a benefit check and some part with a personal check or automatic withdrawal with MyAARPMedicare.