October 31, 2014

Medicare Part B premium will rise in 2012

The Medicare Part B premium will rise by $3.50 monthly to $99.90 monthly beginning Jan. 1, according to the Centers for Medicare & Medicaid Services. This is the first increase in the Part B premium in two years. For Medicare participants who first enrolled in 2010 and 2011, and have been paying as much as $115.40 monthly, [...]

Preserving Medicare: We have a role to play

seniors

Would you accept a job paying $1 million to count out $2 billion in $1 bills? Think again, because working a 40-hour week and counting out $1 per second, you would require 266 years to count out the $2 billion total. Now that you have an idea how much $2 billion is, consider that in [...]

RRB to withhold Medicare Parts C&D premiums

The Railroad Retirement Board will begin June 1 to withhold from benefits checks premiums for Medicare Part C (Medicare Advantage plans) and Medicare Part D (prescription drug plans). Withholding is voluntary, and beneficiaries should contact their plans to request withholding by the Railroad Retirement Board of these premiums from their monthly benefits payments. Part C [...]

Medicare changes could affect your wallet

Federal legislation affecting how Medicare reimburses physicians requires Medicare providers to reprocess claims dating back more than a year. This reprocessing, required by federal law, may result in your receiving a refund for Medicare services you received in 2010, or your being billed for additional amounts under your co-pay obligation. In some cases there will [...]

If your physician withdraws from Medicare…

Many physicians and medical practitioners are choosing to withdraw from participation in Medicare. This has a direct financial impact on all UTU members who are retired or intend to retire in the near future. If you are eligible for Medicare, and your physician or medical practitioner withdraws from participation in Medicare, you are faced with [...]

Update on 2011 Medicare premiums

The Centers for Medicare & Medicaid Services says that while the standard monthly Part B premium will rise to $115.40 in 2011, most Medicare beneficiaries will not see an increase in their monthly Part B premiums. This is because of a hold-harmless provision in current law that will freeze Part B premiums at the amount [...]

What is Medicare? How do I get started?

Medicare is the primary health insurance for retirees and their spouses. It is available for those over age 65, those under 65 with certain disabilities, and those of any age with permanent kidney failure. It consists of Parts A, B, C and D. Part A helps cover inpatient care in hospitals and a skilled nursing [...]

Open enrollment for RR GA-23111 health plans

Microsoft Word - GA-23111 - 2010 Open Enrollment Announcement 10

During November and December, UnitedHealthcare will hold an open enrollment under railroad plans GA-23111. During this open enrollment period, any individual eligible for coverage under one of the GA-23111 plans may enroll and be accepted for coverage without medical underwriting or requirement of good health. There are no limitations for pre-existing conditions. Enrollment in November [...]