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Retired Teachers Chapter News

Medicare Part B and IRMAA reimbursements

New York Teacher

Medicare Part B 2019 reimbursement

Medicare Part B 2019 reimbursements were scheduled to be distributed by the end of April 2020.

Retirees or eligible dependents of a retiree with a Medicare Part B effective date between 2016 and 2019 will be reimbursed at the rate of $135.50 per month. That comes out to $1,626 for 12 months.

Retirees or eligible dependents of a retiree with a Medicare Part B effective date prior to 2016 will be reimbursed at the rate of $109 per month, or an annual amount totaling $1,308. They also will receive an additional amount up to $318. They must submit a Medicare Part B 2019 Reimbursement Differential Request Form.

IRMA 2019 reimbursement

IRMAA 2019 reimbursements are scheduled to be issued by the end of October 2020. Those retirees who are eligible for IRMAA must submit the IRMAA 2019 Reimbursement Application.

Health Benefits Program staff will be processing 2019 IRMAA forms once the Medicare Part B 2019 payment is issued in April 2020.

Medicare Part B 2019 differential reimbursement

Medicare Part B 2019 differential reimbursements are scheduled to be issued by the end of March 2021.

Medicare Part B 2019 differential payments up to $318 will be issued once the Medicare Part B and IRMAA payments are processed in calendar year 2020.

Those retirees who are eligible for 2019 Medicare Part B differential reimbursements must submit the Medicare Part B 2019 Reimbursement Differential Request Form.

Health Benefits Program staff will be processing Medicare Part B 2019 Reimbursement Differential Request Forms once IRMAA payments are issued in October 2020.

Please note that if you are applying for IRMAA and eligible for this additional $300 reimbursement, you do not need to complete the Medicare Part B 2019 Reimbursement Differential Request Form since you will be receiving this amount at the same time the IRMAA payment is issued in October 2020.