Medicare Advantage Plans 2024 Part B Giveback Benefits. A part b premium reduction, also known as a giveback, is a type of medicare advantage plan that essentially gives back a portion of your part b premium that is being deducted. A giveback can cover anywhere from 10 cents up to $100 in 2023.
A part b premium reduction, also known as a giveback, is a type of medicare advantage plan that essentially gives back a portion of your part b premium that is being deducted. The amount you receive, if any, will depend on your location and plan.