SCAN Part B Premium Give Back
Get money back—with your monthly, Part B premium give-back.
SCAN Premium Give-Back
We’re so glad you chose SCAN as your Medicare Advantage plan. In addition to the comprehensive coverage and quality care you expect from your healthcare company, SCAN Venture offers something more: money back in your pocket.
SCAN Venture is designed to make your healthcare even more affordable by “giving back” some of your Part B premium each month. It’s sort of like getting a raise on your Social Security check!
Premium “give-back” plans are relatively new to Medicare Advantage, so we know you may have questions. First, there are three things you should know about how the give-back works:
- The give-back amount is automatically credited to you. It does not come from SCAN. Instead, it comes through the Social Security Administration.
- The give-back will appear as an increase in your Social Security check or as a credit on your Part B premium statement. You will not get a give-back check.
- The give-back could take some time to show up. In fact, it could take up to three or four months to appear. Rest assured though you’ll see the full amount owed to you at that time.
You can expect a letter from the SSA once they’ve processed your give-back. The letter will tell you when you will see the give-back and the new amount of your Social Security benefits.
Find more information in the frequently asked questions, below. Have a question we haven’t answered here? Feel free to email Member Services. Be sure to include your phone number—they’ll research your question and call you back.