Medigap Policies Face New Federal Nondiscrimination Rule

[somarco]

I think they are tying part B funding to med supps believing since B is funded, technically carriers benefit from it too

That is one way of looking at it, but Part B is currently paid by Medicare beneficiaries, not "pre-funded" by payroll taxes like Part A.

And Part B is not just required for Medigap but for MAPD as well.

Saying carriers benefit from funding B is a stretch.

Providers who receive federal funding are required to participate in Medicare and Medicaid.

 

[Yagents]

Benefits Planner: Retirement | Medicare Premiums | SSA

Learn the affect a higher income can have on your monthly Medicare premium.

www.ssa.gov

For most beneficiaries, the government pays a substantial portion — about 75% — of the Part B premium, and the beneficiary pays the remaining 25%.

 

[somarco]

For most beneficiaries, the government pays a substantial portion — about 75% — of the Part B premium, and the beneficiary pays the remaining 25%.

After clicking the link, I understand. Thanks for the enlightenment.

However, there is currently no direct funding/subsidy of Medigap premiums, which SHOULD indicate that Medigap plans will still be classified as "excepted coverage" and not subject to CMS oversight and manipulation.

Medigap is purely a private industry product regulated by the state.

 

[Yagents]

Part A full premium is $505 mo. No way part B is only $175

 

[rmhaire]

Part A full premium is $505 mo. No way part B is only $175

Part A is funded by a trust fund and FICA taxes. The $505 is for people that do not have the 40 quarters to qualify for free Part A.