medicare part b reimbursement 2021 nyc retirees

text-decoration: underline; .main-content a[href^="http:"]::after, columns: 2; not accept payment from the NYC Medicare Advantage Plus Plan, the retiree should first . content: " \00A9 2022 United Federation of Teachers. color: #373737 !important; .paragraph-sidebar { page-break-before: auto; Three months prior to retirement, eligible employees 65 and older should contact their college Benefits Office and apply for Medicare Part B (outpatient coverage). Centers Announcement Banner Content background-image: none; "; } display: block; columns: 2; Please check your bank account/statement (or the mail, if you are receiving a physical check) for your payment. { mPopCId =mPopContentIdPart; width: 100%; .main-content::after I am (or my dependent is) Medicare-eligible prior to age 65, how will I/they be reimbursed for Part B? white-space: normal; The Council of Municipal Retiree Organizations (COMRO) has learned that you are in the process of awarding a highly lucrative contract to a major health insurance company to take over administering Medicare Part B benefits for over 250,000 New York City pension recipients on Medicare effective this July 1. } If you do not join Medicare Part B when you first become eligible, there is a 10% premium penalty for each year you were eligible but did not enroll. height: auto; { columns: 2; .clarchives li { } [CDATA[/* > endobj /* Find out when you should contact your Union/Welfare Fund. } For more information on the new cards, please visit http://go.medicare.gov/newcard. page-break-after: auto; @media (max-width:400px) { } background-image: url('https://www.uft.org/sites/default/files/photos/UFT_logo-black-1600.png'); Chapter Leader Archives Page .main-content a[href^="/"]::after { content: " (https://www.uft.org" attr(href) ") "; } border: 1px solid #999; /* display: none; Senior Care members, EmblemHealth has suspended the $15 co-pay for certain services offered through the GHI Senior Care Plan due to on-going litigation and pursuant to court order. If you have family coverage under NYSHIP, NYSHIP will also reimburse you for the standard Part B premium (and any Part B IRMAA) paid to SSA for any Medicare-primary dependent, provided the dependent is not reimbursed by another source or the premium is not paid by another entity. .sidebar-primary, Fixes a padding issue on the bottom of Single Curated Featured Content blocks A years-long fight over a planned cost-cutting change to retired city employees' health coverage reached a critical juncture Thursday with a judge's decision that allows retirees to choose to keep their current plan.. .account-menu-pilot .menu-navigable__sub-wrapper.sub-open>ul{ Please submit this application, along with all required documents, electronically to: For those retirees/eligible dependents of a retiree with a Medicare Part B effective date prior to 2016, they received an additional amount up to $318. You will automatically be reimbursed 50% of your Part B premiums. padding-bottom: 1rem; ************ Under this Non-Medicare eligible coverage, you continue to receive the same hospital and/or medical benefits as persons not yet age 65. } IRMAA 2019 reimbursements were issued during October and November 2020. position: static; /* Titles were enabled for UFT Discounts. width:inherit; If you do not join Medicare, you will lose whatever benefits Medicare would have provided. border-bottom: 2px solid #ddd; You are only being taxed on the Medicare Premiums reimbursement included in your pension income. border: 2px solid #ddd; @media (max-width: 500px) { This forces the sidebar to display after the main content at mobile viewport sizes. ), Reimbursement of Medicare Part B premiums for eligible NYC retirees is a benefit won through union action. ****************** To view and print out a copy of the New York City Employee Benefits Program's form and instructions for reimbursement of higher Medicare Part B premiums paid by certain beneficiaries who earned beyond certain thresholds in 2019, 2020 and/or 2021 click here. When do I need to provide LAFPP documentation of my Part B Premium? May I submit this letter as proof of my Part B premium? /* Print Header */ ), Prescription drug coverage (if applicable). margin: 0 0 1em; You only have to apply once to receive reimbursement of the basic premium each year. [2] Note that it is possible to challenge the IRMAA premium amount you are being charged through Social Security, if you have a life-changing, income-reducing event.