What is the Medicare giveback benefit?

What is the Medicare giveback benefit?

The giveback benefit, or Part B premium reduction, is when the Part C Medicare Advantage (MA) plan reduces the amount you pay toward that premium. Your reduction could range from less than $1 to the full premium amount. Even though you’re paying less for the monthly premium, you don’t technically get money back. Jan 14, 2022

See also  How much do you pay a month for life insurance?