In general, there are 4 ways you can pay your Medicare drug plan premiums:
- Deducted from your checking or savings account
- Charged to a credit or debit card
- Billed to you each month directly by the plan. (Some plans bill in advance for coverage the next month.)
- Withheld from your Social Security payment. Contact your plan (not Social Security) to ask for this payment option. If you choose this option, your first 2 months of premiums will be combined.
