Medicare Easy Pay is an online program that helps to ensure that you never miss a payment. You can register for Medicare Easy Pay to have your Medicare premium deducted automatically from your bank account each month.
Who is Eligible for Medicare Easy Pay?
If you have a savings account or checking account, you can enroll in Medicare Easy Pay. This payment option is free, and you can sign up at any time as long as you’re getting your Medicare premium bills from the Centers for Medicare and Medicaid Services (CMS).
There is an exception to the Medicare Easy Pay program. If you don’t get your bill from CMS and instead get it from the Railroad Retirement Board (RRB), you can’t participate in this payment option. You need to mail your payments to the RRB office in St. Louis, MO.
How Do I Sign Up for Medicare Easy Pay?
Medicare makes the sign-up process simple and easy. To sign up for Medicare Easy pay, print this form and fill out the required information. Then, mail the completed form to the Medicare Premium Collection Center. Their address is:
Medicare Premium Collection Center
PO Box 979098
St. Louis, MO 63197-9000
The Easy Pay Sign Up form and the Authorization Agreement for Pre-authorized Payments (sometimes known as Medicare Easy Pay form SF-5510), authorizes CMS to take your monthly payments directly from your checking or savings account. It gives them the permission they need to make your monthly premium payments automated, so you can have one less thing to worry about.
Keep in mind that enrolling in Easy Pay isn’t instant. It can take anywhere between six to eight weeks to process your Authorization Agreement for Pre-authorized Payments form. During this time, if you have a payment due, you’ll need to pay your premium in the standard way that you would usually pay them.
Once the CMS receives your request for Easy Pay, you’ll receive a “Medicare Premium Bill.” It isn’t an actual bill but instead states that your premiums from then on will be taken from your selected account each month.
CMS deducts the monthly payments from your account on the 20th of each month. If you’re looking for the transaction on your bank statement, it’ll appear as a withdrawal from the Automated Clearing House (ACH).
Will I Need to Do Anything After I Sign up?
You will not have to do anything regarding your monthly premium payments after your request processes. Each month, CMS will automatically deduct your payments from your checking or savings account.
Nothing on this website should ever be used as a substitute for professional medical advice. You should always consult with your medical provider regarding diagnosis or treatment for a health condition, including decisions about the correct medication for your condition, as well as prior to undertaking any specific exercise or dietary routine.