Electronic Deduction of Premium

10.9 - Electronic Deduction of Premium (Rev. 77, Issued: 10-28-05, Effective Date: 10-28-05) • A Medicare cost plan offering a Part D benefit must offer the option to enrollees of having their Part D premiums deducted electronically from their Social Security payment; • The cost plan or CMP may also offer the option of electronically paying for premiums from sources other than their Social Security Payment, but may not charge or discount for this option. • The cost plan or CMP is not required to offer enrollees the option of electronic payment of non-Part D premiums.