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can my employer pay my medicare premium instead of taking it out of social security
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∙ 10y ago
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Do all retirees pay the same for medicare?
Medicare beneficiaries pay premiums (most people do not have to pay a premium for Medicare Part A); also, working retirees pay Medicare payroll tax.
Can an employer offer to pay Medicare and Medicare Supplement premiums of the Medicare eligible employees and dependents if the employee wants to move off of the employer sponsored group health plan?
no
Why is your part time employer withholding medicare ins pay?
Medicare is withheld from virtually all earnings.
Why is my part time employer deducting Medicare and I pay for Medicare from my retirement check?
Your part time employer is deducting the mandatory employee portion of the Medicare Tax from your paycheck. All employees are required to pay this tax at all times they work to fund the Medicare system.You pay your Medicare Part B insurance premiumautomatically from your Social Security check. This allows you to make claims on Medicare Part B (e.g. doctors' services, preventive care, durable medical equipment, hospital outpatient services, laboratory tests, x-rays, mental health care).Medicare Part A (hospitalization) is "original Medicare" and is free if you have previously paid Medicare Tax from your paychecks.Medicare Part B (outpatient treatments) has a $134 a month premium.Medicare Part C (Medicare Advantage: includes parts A, B, D and sometimes other coverage that regular Medicare would not cover) is operated by health insurance companies contracting with Medicare, you continue to pay the part B premium from your Social Security check plus you pay a premium to the health insurance company that varies depending on the plan you selected.Medicare Part D (prescription drugs) is operated by health insurance companies contracting with Medicare, you continue to pay the part B premium from your Social Security check plus you pay a premium to the health insurance company that varies depending on the plan you selected.
Do retired military have to pay a medicare premium; while working for civil service. ?
Generally no but you should contact Medicare for a full answer.
Is medicare both paid by employees and employer?
Yes each pay the 7.65% of the social security and medicare tax amount.
Why would you want your employer to take out FICA and medicare taxes?
It's not an option for him, by law, your employer MUST withhold these taxes from your pay.
Are you required to pay for health insurance while on short term disability?
That depends upon whether you are covered under FMLA, and the percentage of premium paid by your employer. If you are covered under FMLA, then your employer is required to continue coverage on the same basis as before your leave. For example if your employer was paying half the premium and you were paying half the premium, this arrangement would continue while you are on leave. You would be responsible for continuing these payments. If your employer pays 100% of the premium you would have no payments to make. If you are not covered under FMLA your employer is free to ask you to pay 100% of the premium.
Employer pay MEdicare tax?
Employer and employee each contribute the 1.45% amount for the medicare insurance on all of your gross earnings for the year. The combined amount is would be 2.9% on all of your gross earning for the year.
Can you pay for Medicare Insurance through an FSA?
Yes, you can pay your Medicare Part B or Part D premiums using funds from your Flexible Spending Account (FSA). If you have an FSA, you must also have an employer-based plan. So Medicare Part B and Part D might be unnecessary, since your employer plan probably already covers hospital services and prescription drugs. Nevertheless, you can pay for your Medicare coverage with FSA funds.
If you have Medicare benefits and employer benefits which is primary?
Medicare is primary.
How do you stop medicare from being deducted from social security check There is a comapny MDMedicare complete that offers an HMO which gives you back 60.00 of the premium for your Medicare?
There is a comapny MDMedicare complete that offers an HMO which gives you back 60.00 of the premium for your Medicare You are paying Medicare approx $94.00this plan gives you back $60.00 so you only pay $34.00 approx Bill
