The Medicare Giveback benefit (also called the Part B Premium Reduction benefit) is a feature of some Medicare Advantage plans that reduces your Part B premium. The plan pays part of your Part B premium on your behalf. In 2026, some plans offer Giveback benefits of up to $185/month (the full Part B premium).
Key Points
- Giveback benefit: plan pays part of your Part B premium
- Some plans offer up to $185/month Giveback (full Part B premium)
- Giveback benefit reduces your monthly Medicare costs
- Not all Medicare Advantage plans offer the Giveback benefit
- An independent agent can identify plans with Giveback benefits in your area