Sec. 103. Medicare part B premium subsidy for newly enrolling Postal Service annuitants and family members
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/bill/115/s/2629/pcs/section-103·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this section— the term eligible individual means a Postal Service annuitant, or a family member of a Postal Service annuitant, who— newly enrolls in Medicare part B during the open season for the initial contract year pursuant to a deemed enrollment under subsection
(m)of section 1837 of the Social Security Act ( 42 U.S.C. 1395p ), as added by section 101 of this Act; and is not eligible for Medicare cost-sharing or any other subsidies for Medicare part B premium payments; the term initial contract year has the meaning given the term in section 8903c(a) of title 5, United States Code, as added by section 101 of this Act; the term Medicare cost-sharing means Medicare cost-sharing described in section 1905(p)(3)(A)(ii) of the Social Security Act ( 42 U.S.C. 1396d(p)(3)(A)(ii) ) under a State plan under title XIX of that Act ( 42 U.S.C. 1396 et seq.); the term Medicare part B means the Medicare program for supplementary medical insurance benefits under part B of title XVIII of the Social Security Act ( 42 U.S.C. 1395j et seq.); and the term Postal Service annuitant has the meaning given the term in section 8903c(a) of title 5, United States Code, as added by section 101 of this Act. With respect to the monthly Medicare part B premium payments of eligible individuals (taking into account any adjustments, including those under subsections
(b)and
(i)of section 1839 of the Social Security Act ( 42 U.S.C. 1395r )), the Postal Service— in the initial contract year, shall subsidize 75 percent of the Medicare part B premium payments; in the first year after the initial contract year, shall subsidize 50 percent of the Medicare part B premium payments; and in the second year after the initial contract year, shall subsidize 25 percent of the Medicare part B premium payments. The Postal Service shall establish a fund to provide the subsidies required under subsection (b).
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Sec. 103
Medicare part B premium subsidy for newly enrolling Postal Service annuitants and family members
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