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What Is Medicare Easy Pay?

Medicare Easy Pay is a free way to automatically pay your Medicare premiums. Find out how deductions work and how you can sign up.

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Medicare Easy Pay makes it simple for you to pay your monthly premiums. Sign up for free, and Easy Pay automatically deducts your premiums every month from your savings or checking account.

Beneficiaries can use Easy Pay to cover:

  • Medicare parts A and B premiums

  • Income-related monthly adjustment amounts (IRMAA) for parts B and D

Medicare Easy Pay FAQs

How Do I Sign Up for Medicare Easy Pay?

To sign up for Medicare Easy Pay, you should complete and return the Authorization Agreement for Preauthorized Payments form (SF-5510). Information and documentation you will need include:

  • Basic info about you and your bank

  • Your Medicare card

  • A blank check from your bank account

Then, mail the completed form to:

Centers for Medicare & Medicaid Services

Medicare Premium Collection Center
P.O. Box 979098
St. Louis, MO 63197-9000

It may take six to eight weeks to process your form.

How Do Automatic Bank Deductions Work?

Easy Pay deducts your Medicare premiums on the 20th of the month . The deduction occurs the next business day if the 20th falls on a weekend or holiday. 

Medicare premium deductions will appear on your bank statement as a "CMS Medicare Premium " automated clearing house (ACH) transaction. Your first Easy Pay deduction can include up to three months of premiums. Thereafter, CMS will never deduct more than one month’s premium plus $10. 

If you owe less than $10, payment will not be deducted until the following month.

What Happens If My Easy Pay Payment Is Declined?

Typically, your Medicare premium is due on the 25th of the month, in the same month you get your bill. To ensure your payment is on time, Medicare recommends you submit the total amount due at least five business days before the due date. 

If you owe more than three months of premiums, CMS won’t be able to deduct your premiums and you must pay them another way until the amount you owe is within the limits. 

Your payment can also be declined for insufficient funds, and Easy Pay deductions may be interrupted . In this case, you must pay the full amount due using another payment method to resume Easy Pay deductions the following month.

How Can I Change or Stop Easy Pay?

You can change or stop automatic bank deductions by checking the box “CHANGE” or “STOP” on form SF-5510 .

When the Medicare premium changes, you don’t need to do anything. CMS will automatically deduct the new premium amount. 

Other Ways to Pay

If you don’t wish to sign up for Easy Pay, you can:

If you have questions about your Medicare bill, call the licensed agents at Senior Healthcare Direct at 1-833-463-3262, TTY 711, or get your quote.

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LEGAL DISCLAIMER: The above is meant to be strictly educational and not intended to provide medical advice or solicit the sales of an insurance product or service of any kind.