Sec. 104. Medicare part B premium transition for newly enrolling Postal Service annuitants and family members
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Section 1839 of the Social Security Act ( 42 U.S.C. 1395r ) is amended by adding at the end the following new subsection: With respect to each individual who is enrolled under this part pursuant to and during the open enrollment period established under section 1837(m) and who is not eligible for Medicare cost-sharing described in section 1905(p)(3)(A)(ii) under a State plan under title XIX, the premium otherwise established under this part (taking into account any adjustments, including those under subsections
(b)and (i)) for a month— in the initial contract year (as defined in section 8903c(a) of title 5, United States Code), shall be reduced by 75 percent; in the succeeding year, shall be reduced by 50 percent; and in the second succeeding year, shall be reduced by 25 percent. . Section 1844 of the Social Security Act ( 42 U.S.C. 1395w ) is amended— in the last sentence of subsection (a), by striking under subsection (d)(1) with respect to enrollees described in subparagraphs
(A)and
(B)of such subsection and inserting under subsections (d)(1) and (d)(4) with respect to enrollees described in subparagraphs
(A)and
(B)of such respective subsection ; and in subsection (d), by adding at the end the following new paragraph: For each year, there shall be transferred from the Postal Service Fund to the Trust Fund an amount, as estimated by the Chief Actuary of the Centers for Medicare & Medicaid Services, equal to the reduction in aggregate premiums payable under this part for a month in such year that is attributable to the application of section 1839(j) with respect to— enrollees age 65 and over; and enrollees under age 65. Such amounts shall be transferred from time to time as appropriate but, to the extent practicable, on an annual basis and in a manner that places the Trust Fund in the same actuarial status as if this paragraph and section 1839(j) did not apply. .
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Sec. 104
Medicare part B premium transition for newly enrolling Postal Service annuitants and family members
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