Medicare Part B Premium: Do I Have To Pay it?*

In most cases, the answer is ‘yes.’ But read on!

Background: The Medicare Part B premium is set by the federal government.  It covers outpatient medical services such as doctor visits, diagnostic tests, urgent care, ambulance costs and emergency room visits.  This premium is separate from your Medicare Advantage or Medicare Supplement plan.

The premium is automatically deducted from your Social Security check. If you don’t receive Social Security, you’re billed quarterly.  For 2026, the standard Part B monthly premium is $202.90**

How can I reduce the amount of money I pay for Medicare Part B?  If you participate in a Medicaid Savings Program, in most cases you will not have to pay your Part B premium.  If you do not have Medicaid, you can get a Medicare Advantage plan that offers a Part B reduction.   

When should I get a plan with a partial Part B reduction?
— You’re a veteran and get most of your medical care through the VA health system. This includes prescriptions.
— You’re in good health.  Costs for medical care are generally higher compared to Medicare Advantage plans which do not offer it.
— You’re more interested in the Part B reduction than in the plan’s extra benefits.

Is a Medicare Advantage plan with a Part B reduction, right for you? Call 725-227-6795, email ken@deserthealthandlife.com or fill out a contact form on this website. I am a licensed insurance broker.

*This site is not affiliated with or endorsed by any government agency.

** If your modified adjusted gross income is above a certain amount, you pay a higher premium than the standard Part B premium.  For more information go to www.medicare.gov. Type in ‘Part B’ in your Brower’s search line.  

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