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The new Medicare Advantage Plus Plan has for months raised concerns from the NYC Organization of Public Service Retirees, a group of ex-municipal workers who fear it could water down their health ...
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.
The NYC Organization of Public Service Retirees has sued the City over being forced into Medicare Advantage and won six times in court thus far. The unions made the mistake of trying to sell off current retiree healthcare for value in their collective bargaining. Retirees cannot bargain and are not in unions as the NYS Taylor Law prevents it.
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 ...
Medicare Advantage ( Medicare Part C, MA) is a type of health plan offered by Medicare-approved private companies that must follow rules set by Medicare. Most Medicare Advantage Plans include drug coverage (Part D). Under Part C, Medicare pays a sponsor a fixed payment. The sponsor then pays for the health care expenses of enrollees.
Health & Fitness 5 Things to Know Before Enrolling in Medicare in New York Medicare choices matter, and there may be consequences for those who postpone their decision-making.
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