- Apply none of it to the monthly premiums, and receive the lump sum as a tax credit in April.
- Apply all of it to the monthly premiums to lower the amount paid each month.
- Apply some of it to the monthly premiums to lower the premium, and get the rest as a tax credit. This option may help avoid owing the government if your income increases during the year.
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Norma M. Likowski
Oct 16, 2013 at 7:24pm
I currently have Medicare Plus Blue Group PPO. I pay 99.00 for Medicare and 40.00 for Blue Cross. Can I switch if it is cheaper or am I stuck with what I have because my retirement pays part of the Blue Cross premium?
Oct 16, 2013 at 3:15pm
I am waiting to see what the new BCBSM health care rates are. Is BCBSM going to publish new rates for 2014 soon? That will help me determine how to plan for coverage cost.