How long will it take for the automatic deduction to start?

September 20, 2009 by admin

It generally takes about two months from the time your Medicare drug plan submits the request for the premium deduction to start. This means that most of the time, the first time premiums are withheld from your Social Security benefit, two monthly premium payments will be withheld at the same time. Social Security will deduct only the cost of one monthly premium payment from your monthly Social Security benefit after that.