November 22, 2014

Medicare Part B premiums remain the same in 2015

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The standard Medicare Part B monthly premium will be $104.90 in 2015, the same amount as in 2014. Some beneficiaries will continue to pay higher premiums based on their modified adjusted gross income, but these amounts are also remaining the same as in 2014. The monthly premiums that include income-related adjustments for 2015 will be [...]

Railroad Medicare is Part B Medicare for retirees

Palmetto GBA is reminding railroad retirees that Railroad Medicare Part B provides coverage for services such as doctors’ visits, ambulance transports, lab tests and some supplies. Benefits are the same for eligible individuals, whether eligibility is through Railroad Retirement or Social Security. Railroad Medicare is funded by a portion of Railroad Retirement Tier I and [...]

Preserving Medicare: We have a role to play

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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 [...]

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 [...]