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Attached Document:
06ma003.pdf
OMM/OCFS/OTDA Materials: GIS Messages from OMM
GIS 06 MA/003:Medicare Part D and Retiree Health Insurance Benefits, Updates to the DOH Intranet Site
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Medicaid recipients are required to enroll in Medicare as a condition of eligibility for Medicaid. This includes the new Medicare Part D Prescription Drug Benefit. Employer and union plans may take different approaches to coverage. If an employer/union retiree health plan includes prescription drug coverage that is as good as the Medicare Part D benefit, the employer can receive payments from the federal government to reimburse a portion of their costs for maintaining drug coverage for retirees who do not join a Medicare drug plan. These federal tax-free payments are known as the “Retiree Drug Subsidy.” If the retiree joins a Medicare Drug plan, the employer/union cannot collect the Retiree Drug subsidy. It is these plans that will discontinue recipient health care benefits if the recipient joins a Medicare Prescription Drug plan. A person with employer/union group health coverage may not be able to drop drug coverage without also dropping health coverage.
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Created: 1/11/2006
Updated: 1/12/2006
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