The Ohio Public Employees Retirement System is asking members and retirees to contact their Congressional representatives and ask them to prevent a 20 percent rate hike for Medicare Part B premiums.
Let your senators and representatives know today that OPERS retirees should not be expected to bear the entire cost of any increase in Medicare Part B premiums.
The Centers for Medicare & Medicaid Services is poised to boost 2017 Part B premiums for most OPERS members by an estimated $28 per month beginning in January unless Congress acts now. Part B covers some medical supplies, doctor’s visits and outpatient services.
Because time is of the essence, we’ve prepared a page on the OPERS website to make it easy to call or write your members of Congress.
Only a few groups, including Medicare participants who do not draw Social Security retirement benefits, will see their premiums spike in January. Projections indicate the monthly rate will increase to about $150, up from the current rate of $121.80. The reason: A small increase in the Social Security cost-of-living adjustment will trigger protections for most Medicare Part B participants who draw Social Security.
OPERS believes retired public employees in Ohio should not be part of a minority bearing the brunt of increased Medicare costs. Facing a similar situation last year, Congress took common-sense steps to limit the Medicare Part B premium increases.
Contact Congress NOW to stop the increase in Medicare Part B premiums.