Do you know where to make your Medicare premium payment? If you are wondering how to view your Medicare bill online, how to pay your Medicare bill online, or how to set up autopay (which is called ‘Medicare Easy Pay’) for your Medicare bill, here’s how. (First, wondering “why is my first medicare bill so high?” It’s because they often bill the first two months together.)
Now this is specifically how to pay your premiums for Medicare Part A and Part B. Of course, it’s quite possible (even likely) that you won’t have a premium for Medicare part A, but you are likely to have a premium for Medicare part B (because having read this you know better than to sign up for Medicare Advantage rather than Part B). So when you first sign up for Medicare you will get a premium bill of some sort, and here is how to pay it online, and how to set it up for autopay.
[For more information on Medicare see my articles Medicare Explained in Plain English & How and Where to Sign Up for Medicare, as well as How and Where to Find Your Medicare Number When You Don’t Have Your Card]
Once again, the Federal government has not made it particular intuitive in terms of how and where to pay your Medicare bill online, or how to set up autopay for which, of course, the Feds have created a whole new, non-intuitive term, “Medicare Easy Pay”. Fortunately once you know where to look, you will find all of your payment options in one place, so at least there’s that.
Now if you like to go paperless – or at least to attempt to go paperless by signing up for electronic payment and then just for the most part ignoring paper bills – you’ll be happy to know that Medicare not only makes it relatively easy, but that there’s an added incentive: their bills come with payment coupons! Holy 1970s, Batman! When was the last time that you had to deal with that??
How to Pay Your Medicare Premium Bill
As they explain it on the Medicare site, once you find it (link below), there are basically four ways that you can pay your Medicare premium bill. You can:
- Pay online
- Sign up for Medicare Easy Pay (their autopay option)
- Pay by direct bank withdrawal (also known as ACH, which stands for ‘Automated Clearing House’, which is the financial network that processes electronic payments)
- Send a credit card, check, or money order via USPS
Here’s how they explain it:
1. Pay online through your secure Medicare account (fastest way to pay).
Log into (or create) your secure Medicare account to use this free service to pay by credit card, debit card, or from your checking or savings account.
2. Sign up for Medicare Easy Pay.
With this free service, we’ll automatically deduct your premium payments from your savings or checking account each month.
3. Pay directly from your savings or checking account through your bank’s online bill payment service
Some banks charge a service fee.
4. Mail your payment to Medicare.
Pay by check, money order, credit card, or debit card. Fill out the payment coupon at the bottom of your bill, and include it with your payment.
If you’re paying by credit or debit card, be sure to complete and sign the coupon. If you don’t sign the coupon, we can’t process your payment and it will be returned to you.
Where to Pay Your Medicare Premium Bill or Set Up Medicare Easy Pay (Autopay)
How and Where to Pay Your Medicare Premium Online
It all starts with logging in to your Medicare account, which you can do at https://www.medicare.gov/account/login/
Paying a single Medicare premium bill:
Once you are logged in you can go directly to the premium payment link here:
The above link will give you payment options using credit and debit cards (including HSA cards), and direct withdrawal from your bank account (ACH).
Signing up for Medicare Easy Pay (autopayments):
To sign up for Medicare autopay, which Medicare calls ‘Medicare Easy Pay’, go here:
Pay by U.S. Mail
If you want to send a check, money order, or credit or debit card information by the USPS, you must have received your payment coupon book from Medicare in the mail, and you must include the payment coupon. Then mail your payment, along with the filled out coupon, to:
Medicare Premium Collection Center
PO Box 790355
St. Louis, MO 63179-0355