Showing posts with label Medicare Requirement. Show all posts
Showing posts with label Medicare Requirement. Show all posts

Tuesday, April 30, 2024

How is PSHB different from FEHB?

"...Critically different from FEHB, the PSHB Program requires stronger coordination with Medicare and verifying the Medicare enrollment eligible of PSHB Program enrollees. For example, if a postal annuitant who is required to be enrolled in Medicare Part B is not enrolled or disenrolls, they are no longer eligible to be enrolled in the PSHB Program. To meet this requirement, OPM must routinely accept and integrate Medicare eligibility information for enrollees and confirm PSHB Program eligibility (including exceptions to the Medicare Part B requirement) with a number of stakeholder agencies, including exchanging data with the Social Security Administration (SSA), Department of Veterans Affairs (VA), Department of Labor Office of Workers Compensation (DOL), OPM Retirement Services (RS), and, of course, USPS. This integration is unique among employer-based health insurance programs."    


This Article is From: www.opm.gov


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Thursday, June 8, 2023

Big Medicare Changes Coming For Postal Service Retirees

"...the Postal Service Health Benefits (PSHB) Program... They will not be able to enroll in or continue with FEHB plans. To continue with a PSHB plan, Medicare-eligible annuitants who have retired will have to enroll in Medicare Part B, medical insurance. ...Why is the government doing this? ...this change could save the Postal Service $5.6 billion through 2031 while adding $5.5 billion in costs to Medicare during that span"    


This Article is From: www.forbes.com


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Thursday, April 7, 2022

NPMHU: Postal Service Reform Act Signed by President -- Step Forward for Postal Workers

"... it provides Medicare integration for future postal retirees and their annuitants. Most postal retirees already participate in Medicare, and postal employees have contributed $34 billion to the program since 1983..."    


This Article is From: npmhu317.blogspot.com

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