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Despite the financial penalty, 45,646 retirees have declined the Advantage plan in favor of staying on Senior Care, according to data provided to the Daily News by City Hall.
Shaun D. Francois I, the president of DC 37, and Michael Mulgrew, the president of the United Federation of Teachers, advanced a plan that would move all retired New York City employees from traditional Medicare into a new, privately run Medicare Advantage plan.
In 2023, the UFT sued New York City for school cuts. [13] In 2023, the UFT negotiated with the City for a plan that would move UFT retirees and other retired New York City workers from traditional Medicare into a new, privately run Medicare Advantage plan .
Why? Because the UFT leadership has been the architect of a plan to deprive us retirees of our current health insurance and dump us all into a Medicare Advantage plan.
Rising Medicare Part D premiums come as retirees receive a much smaller Social Security cost-of-living adjustment in 2024 — 3.2% compared to the 8.7% increase in benefits they received in 2023.
How To Save on Healthcare Expenses Medicare Doesn’t Cover. Here are some options for covering those healthcare costs that Medicare won’t cover. Medigap or Medicare Advantage Plans
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