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Medicare and You! Important information from EUTF and ERS

November 21, 2011

Medicare and You

        If you are currently or soon to be receiving Medicare here is some important information to know.

 For those who are receiving Medicare, in the event there is an increase in your premium, you must inform the EUTF.  You need to provide a copy of the letter you get from the Social Security Administration informing you of the new increased Part B monthly premium.  You must do this promptly as they will not retroactively give you the increase. 

 Those who are soon to be receiving Medicare, the State/EUTF will reimburse you and your spouse (or domestic partner) for your Medicare Part B premiums.  The EUTF must receive the following documents from you to begin the Part B reimbursement:  1) a copy of your Medicare card, 2) a completed Direct Deposit Agreement Form along with a voided check, and 3) a copy of the letter you receive from the Social Security Administration informing you what your monthly Medicare Part B premium will cost.  

 In the event you turn 65 and forget to give the EUTF a copy of your Medicare card, reimbursements are not retroactive.  For example, if you turn 65 in June 2011 and your Medicare Part B is effective starting June 2011, but you do not give EUTF a copy of your Medicare card until November 2011, your reimbursement will start from November 2011, not retroactive to June 2011.

    It is important to keep a copy of all correspondence to the EUTF for your documentation.  In the event you do not receive your reimbursements the documentation will assist in resolving your issue.

    Remember only you can inform the EUTF of changes, they (EUTF) does not receive notification of  who receives Medicare Part B reimbursements.  You are in control of your reimbursements.

 Information provided by the EUTF, which was in the November Holomua from the State Employees Retirement System (ERS).  

 

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