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The Economic Times
The Economic Times
Piyush Shukla

Why you received a $90 Social Security payment? Here’s who qualifies for the Medicare rebate and when you’ll get it

Why did I receive $90 from Social Security? A $90 direct deposit began appearing in the bank accounts of Medicare beneficiaries in early October. The payment is a one-time refund designed to help cover October Medicare Part B premiums.

Roughly 20.8 million seniors enrolled in traditional Medicare qualify for the money. The Social Security Administration, which normally deducts Part B premiums directly from monthly benefits, is processing the refunds.

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