Your Medicare Community - MedicareFAQ

How to Set Up Medicare Easy Pay

August 13, 2021 Lindsay Malzone
Your Medicare Community - MedicareFAQ
How to Set Up Medicare Easy Pay
Show Notes Transcript

Not sure how to pay your Medicare premium bill? Don't go anywhere! In today's video, we're going to talk about Medicare Easy Pay.

When you're enrolled in Medicare but aren't yet collecting Social Security benefits, you'll get a Medicare premium bill in the mail each quarter. Medicare Easy Pay is a free service through Medicare that makes it simple to pay your premiums.

Once you set up Medicare Easy Pay, Medicare automatically deducts your premiums from your checking or savings account. This deduction takes place around the 20th of each month.

There are two ways to sign up for Medicare Easy Pay. The first way is through the online form. First, you'll need to create an account on Medicare.gov or sign onto your existing account. Then, select "My Premiums," and finally click "Sign Up." The screen will then prompt you to complete a quick online form.

The second way to sign up for Medicare Easy Pay is through the mail-in form. Print out and complete the form from Medicare.gov, then mail it directly to Medicare.

It can take up to eight weeks to process your Easy Pay form. If you receive a Medicare premium bill after Medicare Easy Pay enrollment, your enrollment is not complete.

There are a few ways to pay your Medicare premium while you wait for processing. You can pay it online through your Medicare account, using a credit card, debit card, checking, or savings account.

You can also use your bank's online bill pay option to pay directly from your checking or savings account. The third way is to pay by mail to Medicare, via check, money order, credit card, or debit card. All you need to do is fill out the form and use the payment coupon that comes with your Medicare bill.

Once you receive a statement that states, "This is not a bill," you'll know your Medicare Easy Pay is processed and set up.

We hope you found this video helpful! Please subscribe to our channel, join our Facebook Community, and check out our resources below.

FAQ Article: https://www.medicarefaq.com/faqs/medicare-easy-pay/

Our YouTube Channel: https://www.youtube.com/medicarefaq

Our Facebook Community: https://www.facebook.com/groups/medicarefaq

If you received a Medicare premium bill in the mail and you're not quite sure how to pay it. Don't go anywhere. In today's video, we're going to go over Medicare EasyPay. Hi everyone, my name is Lindsay Malzone. Im the Medicare expert for Elite Insurance Partners and MedicareFAQ.com. For those of you who are enrolled in Medicare, but not yet collecting Social Security benefits. You'll receive a Medicare bill in the mail each quarter. This is called a Medicare Premium Bill. The good news is, there's an easy way to pay your medicare premiums. This is called Medicare Easy Pay. Medicare Easy Pay is a free service that's offered through Medicare. Once you set it up, Medicare will automatically deduct your medicare premiums from either your checking or savings account. This deduction will take place around the 20th of each month. There are two ways to sign up for Medicare Easy Pay. The first way to sign up for Medicare Easy Pay is through the online form. You can create an account on Medicare.gov or sign into the one you already have. Then select my premiums, then select signup. The screen will then prompt you to complete a quick online form. The second way to sign up for Medicare Easy Pay is through the mail and form. You can print it out and complete the Easy Pay form that's available on Medicare.gov and mail it directly to Medicare. Now, it can take up to eight weeks for Medicare to process your Easy Pay form. If you received a Medicare premium bill in the mail since you enrolled in Medicare Easy Pay, that simply means that it has not yet processed. There are a few ways you can pay your Medicare premium until your Medicare Easy Pay has processed. The first way you can pay your premium is online through your Medicare account. You can use a credit card, debit card or use your checking or savings account to pay.The second way you can pay your medicare premiums is directly from your checking or savings account through your bank's online bill pay. The third way you can pay your Medicare premium is to mail in directly to Medicare. You can pay by check, money order, credit card, or debit card. All you have to do is fill the form out and use the payment coupon that comes with your Medicare bill. Once you receive a Medicare statement in the mail that says, this is not a bill, you then know your Medicare Easy Pay is now processed and set up. I hope you found this video helpful. If you did, don't forget to subscribe to our YouTube channel. Make sure notification turned on so you're notified each time we upload a new video. We also have a fantastic Medicare community over on Facebook. We'll make sure to include a link below so you can join. Until next time. Bye.