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Obama's Promise for Change in Social Security and Medicare
The National Committee will work hard to convince Congress and the Obama administration to enact the following legislative priorities; pass nationwide health care reform, reducing Medicare's costs for beneficiaries and the government, eliminate wasteful subsidies to private Medicare programs,using that money to improve care for seniors, eliminate means-tested Part B premiums to keep Medicare affordable for all, ensure any Social Security reform proposals address long-term solvency without...
Seniors may face higher Medicare premiums
The Social Security Administration told nearly 65 million retirees they will not be getting a raise in their Social Security benefits next year due to low inflation. Yet Medicare premiums may be raised substantially. Major Garret has the story.
From: CBS Evening News
Related topics : social security administration medicare premiums
Medicare in 2016
On Thursday, October 15, the Social Security Administration announced that there will be no cost of living adjustment (COLA) for 2016. At the same time, the Medicare Part B premium and deductible is expected to increase significantly for some people next year.
Watch the Medicare Rights Center, Social Security Works, and the Alliance for Retired Americans discuss what this means for you.
From: Medicare Rights Center
Original Medicare Part A and Part B explained
www.ferraraservices.net | 815.254.0340
What is Medicare:
• Health Insurance for people
1. 65 and older
2. Under 65 with certain disabilities
3. Any age End-Stage Renal Disease (ESRD)
Who Runs Medicare:
• It's administered by
1. Centers for Medicare & Medicaid Services (CMS)
• But Enrollment is done by
o Social Security Administration (SSA) for most
o Railroad Retirement Board (RRB) for railroad retirees
The Four Parts of Medicare
• PART A: Hospital Insurance
• PART B: Medical...
From: Michael Ferrara
Do I Need to Enroll in Part B if I am a Retired Federal Employee with a Employee Benefits Package?
Retired Federal employees are entitled to Medicare under the same rules as all other retirees.
You are first eligible to enroll in Part B during your initial enrollment period which begins three months before you turn age sixty-five and ends three months after you turn age sixty-five.
If you do not enroll then, you may only enroll during the General Enrollment Period which is from January 1st through March 31st of each year.
Part B coverage is effective July...
From: eHealth Medicare
Related topics : social security administration medicare enrollment / medicare part d initial enrollment period / retired federal employees and medicare / social security administration medicare premiums / part b medicare enrollment rules