What is Aetna Medicare Pay Your Premium

If you want to have Aetna insurance, there are a lot of things that you need to know so that you will be able to use it well. Now, you may wonder about Pay Your Premium at Aetna Medicare. Here, I will explain about it based on what I found.

Pay Your Premium at Aetna Medicare

As explained on the Aetna Medicare site, you are able to choose from safe and convenient payment options. You may prefer to set up a monthly payment or make a one-time payment. Whatever option that you choose, Aetna takes your payment security as seriously as you do. The thing that you need is your member ID card, date of birth or credit card.

On the Aetna Medicare website exactly on the Pay Your Premium page, you can find these:

• • Medicare Advantage Plan (MA/ MAPD)
    You are able to set up your monthly payment or you are able to make a one-time payment online by using your plan invoice. On the Aetna Medicare website on the Pay Your Premium page, you can see the Medicare Advantage Plan section and there you can find the Pay MA/MAPD premium button. If you want to pay through it, you can click on it and then there will be a pop up window and then click on the Pay Now button. If you click on the Pay Now button, you will be taken to the Payer Express login page. It is explained that Aetna handles premium payments through Payer Express which is a trusted payment service. It is important for you to note that your Payer Express login may be different from your Aetna secure member site login.
  • Prescription Drug Plan (PDP)
    You are able to use Aetna secure payment system to make a one-time payment or you are able to set up automatic monthly payments online. On the Aetna Medicare website on the Pay Your Premium page, there is the Prescription Drug Plan section and there you can click on the Pay PDP Premium button to pay your premium. It is explained that Aetna handles premium payments through InstaMed which is a trusted payment service. It is also explained that your InstaMed login may be different from your Caremark.com secure member site log in.

Additional MA/ MAPD Payment Options

There are also additional MA/MAPD payment options according to the Aetna Medicare website. Those are listed below.

• • Phone
    You are able to call the number which can be found on your Member ID card. If you are not able to find the number, you are able to look up your plan’s phone number.
  • Mail
    You are able to include your payment and invoice in a stamped envelope. It is important for you to know that if you choose this payment option, all payments should be sent to the address which is listed on your invoice.
  • In-store
    You are able to pay by cash, credit or debit card at a CVS retail store with your invoice. However, it is important for you to note that the in-store premium option is not available at CVS pharmacies within Target and Schnucks.
  • Social Security Administration/ Railroad Retirement Board
    You are able to set up your automatic monthly payment by calling the phone number which can be found on your Member ID card.

Additional PDP Payment Options

And here are the additional PDP payment options according to the Aetna Medicare website.

• • Phone
    You are able to call Aetna at 1-855-651-4856 (TTY: 711)which is available 24 hours a day, 7 days a week.
  • Mail
    You are able to include your payment and coupon in a stamped envelope. It is important for you to note that if you choose this payment option, all payments need to be sent to the address which is listed on your payment coupon.
  • In-store
    If you prefer paying by cash, credit or debit card at a CVS retail store, you can do that with your payment coupon. However, if you choose this payment option, it is important for you to note that the in-store premium option is not available at CVS pharmacies within Target and Schnucks.
  • Social Security Administration/ Railroad Retirement Board
    You are able to set up your automatic monthly payment by calling 1-855-651-4856 (TTY: 711).

Other Things to Know About Paying Your Premium

You may experience a thing where you have not received your first invoice to pay your monthly premium. So, you may wonder when you are able to expect it. As explained on the Aetna Medicare site, your first invoice may take up to 45 days to arrive. At that time, you may be billed for two months’ coverage. It is important for you to note that your payment is not due until you get your first invoice. You are always able to make a payment over the phone. If you want to make a payment over the phone, you are able to call Customer Care at the number that you are able to find on your member ID.

Another thing that you need to know about paying a premium is when your premium payments are due. On Aetna Medicare website, it is explained that premium payments are due on the 1st of each month. You are able to choose convenient automatic premium payments through your bank account or credit card. Let’s say that you choose that option. Then, your payment will be processed between the 8th and 10th of each month.

If you signed up for automatic payments, but you received an invoice in the mail, it is important for you to note that it may take two or more months for automatic deductions to start. You have to continue to do one of the things below.

• • Your check or money order has to be mailed.
  • You have to pay with a credit card online at AetnaMedicare.com/PayYourPremium
  • You have to pay with cash, a credit card or your debit card at your local CVS Pharmacy.

You have to make these payments until you do not receive an invoice in the mail anymore.

Alfin Dani

AUTHOR BIO

On my daily job, I am a software engineer, programmer & computer technician. My passion is assembling PC hardware, studying Operating System and all things related to computers technology. I also love to make short films for YouTube as a producer. More at about me…