If my Medicare Part B premium is higher than the standard amount, will EUTF reimburse that amount?FAQs Cagegory: Medicare. Part B. */ ?>
If you are notified by Medicare that your Medicare Part B premium will have an income-related monthly adjustment amount, in other words your Medicare Part B premium is higher than the standard rate due to your higher income level, you will be reimbursed the higher amount. However, you MUST promptly (within two years) send the EUTF a copy of the letter from the Social Security Administration informing you of the higher Medicare premium.
EUTF automatically resets your Medicare Part B reimbursement to the Medicare standard rate every January 1st. Every year Medicare reviews your income and sets your Medicare Part B premium accordingly, so every year, you must notify EUTF of your higher than standard Medicare Part B premium in order to receive the full reimbursement.