{"id":14391,"date":"2024-01-26T07:56:00","date_gmt":"2024-01-26T13:56:00","guid":{"rendered":"https:\/\/www.shieldagency.com\/blog\/?p=14391"},"modified":"2024-01-25T14:19:59","modified_gmt":"2024-01-25T20:19:59","slug":"health-plan-cash-back-benefit","status":"publish","type":"post","link":"https:\/\/www.shieldagency.com\/blog\/health-plan-cash-back-benefit\/","title":{"rendered":"Health Plan Cash Back Benefit"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.shieldagency.com\/blog\/\" target=\"_blank\" rel=\"noopener\" title=\"Shield Insurance Blog\">Shield Insurance Blog<\/a> | Cash Back | <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSet9rV4BiszDE53tcKx2hxuTRo5JmHBsZDlc6RE5wWbxu0n4w\/viewform\" target=\"_blank\" rel=\"noopener\" title=\"\">Contact for more info<\/a> | Call Bri <strong>616-777-3012<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Alleviate premium pressure through Cash Back\u00a0<\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Cash Back is currently available on the following plans<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trinity Health Plan of Michigan Cash Back MAPD (HMO)<\/li>\n\n\n\n<li>Trinity Health Plan of Michigan Cash Back (HMO)<\/li>\n<\/ul>\n<\/blockquote>\n\n\n\n<p>Access to health insurance supports your commitment to healthy aging, but there are times when the cost of premiums overshadows its benefit.&nbsp;<\/p>\n\n\n\n<p>Studies have shown that higher out-of-pocket spending may lead older adults to postpone care. Timely care is critical to manage chronic illnesses and detect diseases better treated at an earlier stage. What if you could reduce your yearly premium cost by receiving cash from your plan?\u00a0<\/p>\n\n\n\n<p>Our Cash Back benefit reduces the amount of your monthly Medicare Part B premium. You may have also heard of this benefit referred to as the&nbsp;Give Back&nbsp;benefit or Medicare&nbsp;Part B Premium Reduction.&nbsp;<\/p>\n\n\n\n<p><strong><em>You are eligible for Cash if you are enrolled in Medicare Parts A and B, pay your own Part B premium, and don\u2019t receive Medicaid or other forms of assistance to pay your Part B premium.\u00a0<\/em><\/strong>\u00a0<\/p>\n\n\n\n<p>Call to speak with one of our trusted advisors or go online today to enroll and begin enjoying benefits like this. A reduction in premium cost could have you seeing more green.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Making the most of our Cash Back benefit as a member<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\">How can I learn more about this benefit?<\/h4>\n\n\n\n<p>You will receive notification of personalized reward offerings via mail. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Does this benefit come back to me in the form of a check?<\/h4>\n\n\n\n<p>There are no direct payments to beneficiaries. This reduces your Part B premium.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">How will I receive my Cash?<\/h4>\n\n\n\n<p>You will not receive checks directly from our plan. Instead, you will receive your Cash Back benefit in one of two ways. If you pay your Part B premium through Social Security, your money will be credited back to you on your monthly Social Security check. If you do not pay your Part B premium through Social Security, you will pay a reduced monthly amount directly to Medicare.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">How long does it take for the benefit to be processed?<\/h4>\n\n\n\n<p>It can take Social Security one to three months to process and activate your Cash benefit. You may receive a lump sum amount on your Social Security check to include the months prior to activation for this reason.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Recent Blogs from Shield Insurance Agency<\/h2>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/what-happens-if-your-vehicle-is-totaled-understanding-the-auto-insurance-claims-process\/\">What Happens If Your Vehicle Is Totaled, Understanding the Auto Insurance Claims Process<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/why-now-is-a-smart-time-for-michigan-businesses-to-review-liability-coverage-before-spring-foot-traffic-increases\/\">Why Now Is a Smart Time for Michigan Businesses to Review Liability Coverage Before Spring Foot Traffic Increases<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/snowstorms-and-roof-damage-is-your-michigan-home-covered\/\">Snowstorms and Roof Damage: Is Your Michigan Home Covered?<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/do-you-need-recreational-insurance-for-your-snowmobile-in-michigan\/\">Do You Need Recreational Insurance for Your Snowmobile in Michigan?<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/the-importance-of-giving-back-during-the-holiday-season\/\">The Importance of Giving Back During the Holiday Season<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>Our Cash Back benefit reduces the amount of your monthly Medicare Part B premium. Known as the \u00a0Give Back\u00a0benefit or Medicare\u00a0Part B Premium Reduction.\u00a0<\/p>\n","protected":false},"author":2,"featured_media":14392,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[148,1,2],"tags":[2810,12,62],"class_list":["post-14391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health-ins-blog","category-insurance","category-shield-blog","tag-cash-back","tag-health-insurance","tag-shield-insurance-agency"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts\/14391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/comments?post=14391"}],"version-history":[{"count":1,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts\/14391\/revisions"}],"predecessor-version":[{"id":14393,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts\/14391\/revisions\/14393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/media\/14392"}],"wp:attachment":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/media?parent=14391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/categories?post=14391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/tags?post=14391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}