Social Security / Medicare Handbook for Federal Employees and RetireesFEDweek
TRICARE (for military retirees) Federal Employee Health Benefits (FEHB) plan COBRA(only forPart D, not Part B) Retiree health plans(check with the provider) Medicaid(for certain individuals) What are the penalties for late sign-up if you don’t have credible coverage?
Lockton comment:For the first and second bullets above, a plan only needs to provide the notice once every 12 months. Lockton recommends including the creditable or non-creditable notice in the employee annual open enrollment benefit packet and new hire benefit packet. Doing so takes ...
…By 2021, the government’s net position had deteriorated to minus $29.9 trillion, or 128 percent of GDP, with federal debt accounting for $22.3 trillion of the liabilities. The government’s unfunded commitments beyond public debt had grown by $2.9 trillion over ten years. …The financial ...
[Updated on May 13, 2025 after the release of the inflation number for April 2025. The next update will be on June 11, 2025.] Seniors 65 or older can sign up for Medicare. The government calls people who receive Medicare “beneficiaries.” Medicare beneficiaries must pay a premium for Med...
When you think of Medicare, you probably assume it’s for retirees. And that’s true. The standard age of eligibility is 65. But the program also covers people with disabilities and those with end-stage renal disease (ESRD) and ALS (Lou Gehrig's disease).1 Key Takeaways Medicare is ...
Because premiums of The Tennessee Plan are not based on age, you won’t pay more as you age, and if you’ve been an employee or teacher for the state of Tennessee for over 15 years, part of your premium is paid by the state government each month as a reward for your service. For...
Federal Employee Health Benefits Program website: opm.gov Livanta, Quality Improvement Organization website: livantaqio.com Introduction to Medicare presentation recording 2025 – MedicareConsumerGuide This project was supported by the Administration for Community Living (ACL), U.S. Department of Health...
Q: Are employers responsible for collecting information from employees regarding who is covered by Medicare? A: No. Medicare will identify who is covered by matching employee SSN to their enrollees. Q: We only send active members on the enrollment files, the COBRA and retirees are sent from a...
The Medicare hold harmless provision ensures that the value of Social Security income does not decrease for retirees by limiting the annual rise in Medicare Part B premiums. Retirement can sometimes be difficult to manage and budget for. The Medicare hold harmless provision seeks to reduce the fina...