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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.

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12y ago

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Related Questions

Can you use an FSA or HSA to pay for your insurance premiums?

No, you cannot use a Flexible Spending Account (FSA) or Health Savings Account (HSA) to pay for insurance premiums. These accounts are typically used to cover eligible medical expenses, not insurance premiums.


Do you pay medicare monthly and a supplemental insurance both?

I don't pay either (I'm too young for Medicare); however, it's a good idea to have supplemental insurance along with Medicare.


Will supplemental insurance pay for auto claims that medicare doesn't?

If you are speaking of automobile claims, Medicare and Medicare supplements are not related to automobile claims. Automobile insurance should pay the claims related to the vehicle, especially if you were injured. Medicare and Medicare supplements pay hospital and medical bills related to your healthcare.


Will Medicare pay for your mother's bed assist rails?

Consult your mother's insurance or Medicare provider.


Does congress pay into Medicare?

Members of Congress pay FICA/Medicare. They also pay health insurance premiums at rates comparable to the private sector.


Are there limitations to health insurance?

Does Medicare pay for insulin shots.


Does medicare help the elderly pay for affordable senior housing?

Medicare is a government sponsored health insurance. This insurance is automatic for individuals over the age of 65, and for individuals who have been on disability for 24 months (from the approval date). Medicare does not pay for housing,.


Who pays first if you have medicare and are retired hourly from General Motors?

Chances are Medicare would pay first as long as you are no longer working, or if your spouse does not have you covered under insurance through their employer. If your spouse IS working and you do have coverage through them, the group insurance would be primary if their employer has more then 100 employees working for them. Otherwise, Medicare will be primary.


Does Social Security pay for liposuction?

No. Social Security pays cash benefits and makes disabled and retired people eligible for Medicare, medical insurance available through the US government. Medicare does not pay for elective procedures, like liposuction.


How much does medicare pay a medicare supplement plan?

ZERO! Don't confuse Medicare Advantage with Medicare Supplemental Insurance. It's like confusing the dog with it's terd.


Does Medicare or your other insurance pay first?

Medicaid is always the payor of last resort.


Do you have to have medicare if you pay your ins?

No, but your private insurance carrier might require you to do so.

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