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Answer:Yes. In fact, if you are signed up for both Social Security and Medicare Part B — the portion of Medicare that provides standard health insurance — the Social Security Administration will automatically deduct the premium from your monthly benefit.

Medicare Part A, which covers hospitalization, is free for anyone who is eligible for Social Security, even if they have not claimed benefits yet.

If you are getting Medicare Part C (additional health coverage through a private insurer) or Part D (prescriptions), you have the option to have the premium deducted from your Social Security benefit or to pay the plan provider directly. If you want the deduction, you will have to contact your part C or D provider to arrange it.

Explanation:

Tundexi

We need to understand Social Security Deduction have to do with Social Security Tax and are inseparable.

Social Security Tax provides for retirement benefit and disability care of an employee.

  • The Tax are paid by employer to the service provider on behalf of the employee. The half amount of levy paid by employer are subsequently deducted by from the employee income.

  • The social security deduction are based on the rate determined by the Federal Insurance Contribution Act (FICA) and these rate cannot vary until the commission adjusts.

In conclusion, the premium paid for the social security service is based on the rate determined by Federal Insurance Contribution Act (FICA).

Learn more about social security deduction here

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