Jenni Lorilyn

Medicare Advantage Plans 2024 Part B Giveback Coverage. The giveback benefit, or part b premium reduction, is when the part c medicare advantage (ma) plan reduces the amount you pay toward that premium. Many people choose to enroll in medicare advantage plans because they come with extra benefits, including dental, vision, hearing, and prescription coverage.

Read on for more information about the part b giveback program, who qualifies, and how to find the best plan for you. Your reduction could range from less than $1 to the full premium amount.