Give Back: It’s Like Getting a Monthly Rebate.
If you pay a Medicare Part B premium, we’ll pay part of that premium for you. We call this a Part B premium Give Back, or a Part B premium-reduction benefit. It’s like getting a raise on your Social Security check. The reduction is administered through the Social Security Administration, and depending on how you pay the Part B premium, the reduction will show as an increase in your Social Security check or a credit on your Part B premium statement.