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photoshop1234
3 months ago
12

Mr. Lopez, who is fairly well-off financially, would like to enroll in a Medicare prescription drug plan you represent and simpl

y give you a check to cover his premiums for the entire year. What should you tell him?
Health
1 answer:
BARSIC [1.5K]3 months ago
8 0

Answer: Mr. Lopez should be informed about the payment options available for Part D enrollees. He has three methods to pay his premiums and must select one; paying the entire yearly amount by check is not permitted.

His payment choices include:

1.) Automatic deduction from his bank account or debit card.

2.) Deduction from his monthly Social Security Administration (SSA) check.

3.) Receiving monthly bills for premiums.

It might take three to four months for the SSA to begin withholding premiums, at which point they will also collect any back payments owed. Usually, Mr. Lopez must choose one payment method and can contact his plan provider to set it up.

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