Premium payment options
There are four ways you can make your monthly premium payment:
- By mail
Receive a monthly invoice and return the payment coupon with a check or money order.
If you select this option, you will get a statement around the 15th of each month for the next month's premium. Payments are due the first of each month. Payments received after the 15th of each month are considered late. If your payment is late you might receive a notice letting you know your account needs to be current by the end of our 90-day grace period to keep your coverage.
- Electronic Funds Transfer (EFT)
If you select this option, your premium will be automatically withheld from your checking account between the 15th and 20th of each month.
To select this option, please print the EFT form (PDF), complete and mail to:
Providence Medicare Advantage Plans
P.O. Box 5548
Portland, OR 97228-5548
- Social Security (SSA)/Railroad Retirement Board (RRB) withdrawal
You can elect to have your premium automatically withheld from your Social Security or Railroad Retirement benefit check each month.
Please note this option can take up to three months to set up. This delay allows the Centers for Medicare and Medicaid Services (CMS) time to communicate with the SSA or RRB and set up this method of payment.
It is also important to note, that SSA or RRB withholds the current month's premium from the previous month's benefit check. For example, if SSA premium withhold is set to begin June 1, you will see June's premium withheld from your May Social Security check. You would still need to pay us directly for May's premium. You will continue to receive monthly premium invoices until the premium withhold is effective. Please be sure to keep your account current until the premium withhold begins.
- Pay online
You can pay online by credit, debit card (Visa or MasterCard only), checking, or savings account.
One-time or re-occurring payments can be made via your myProvidence account found at myProvidence.com or providence.org/billpay. Please contact Customer Service for more information about this payment option.
You must continue to pay your Medicare Part B premium.