Cash Back


Alleviate premium pressure through Cash Back 

Access to health insurance supports your commitment to healthy aging, but there are times when the cost of premiums overshadows its benefit.

Studies have shown that higher out-of-pocket spending may lead older adults to postpone care. Timely care is critical to manage chronic illnesses and detect diseases better treated at an earlier stage. What if you could reduce your yearly premium cost by receiving cash back from your plan?

Our Cash Back benefit reduces the amount of your monthly Medicare Part B premium. You may have also heard of this benefit referred to as the Give Back benefit or Medicare Part B Premium Reduction.

You are eligible for Cash Back if you are enrolled in Medicare Parts A and B, pay your own Part B premium, and don’t receive Medicaid or other forms of assistance to pay your Part B premium.  

Call to speak with one of our trusted advisors at 800-964-4525 (TTY: 711) or go online today to enroll and begin enjoying benefits like this. A reduction in premium cost could have you seeing more green. 

Common questions from members about Cash Back

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Not all plans include Cash Back. Refer to your Evidence of Coverage to determine whether your plan includes this benefit.

If your plan includes a Cash Back benefit, refer to your Evidence of Coverage for your monthly Cash Back amount. Benefit amounts may vary by plan and can change from year to year.

For plan year 2026, the maximum Cash Back benefit is $148.80 per month, or $1,785.60 per year.

For plan year 2027, the maximum Cash Back benefit is $145 per month, or $1,740 per year.

There are no direct payments to beneficiaries. This reduces your Part B premium.

You will not receive checks directly from our plan. Instead, you will receive your Cash Back benefit in one of two ways. If you pay your Part B premium through Social Security, your money will be credited back to you on your monthly Social Security check. If you do not pay your Part B premium through Social Security, you will pay a reduced monthly amount directly to Medicare.

Social Security may take between one and three months, or longer in some cases, to process and activate your Cash Back benefit. You may receive a lump sum amount on your Social Security check to include the months prior to activation for this reason.

Please refer to Chapter 4 of your Evidence of Coverage for detailed information about this benefit.

Still have questions? Call Member Services at 800-240-3851 (TTY: 711). Representatives are available daily from 8 a.m. to 8 p.m.

Benefits may vary by plan and contract year. Please refer to your Evidence of Coverage or Summary of Benefits for benefit availability and details.

This page was last updated 10/01/2026