The Ohio Department of Insurance is advising Ohioans, particularly those enrolled in Medicare, to be on the lookout for a new scam. If you receive a call from someone claiming to represent the Social Security Administration, Medicare, and the Ohio Department…
Medicare has announced the standard monthly premium for Medicare Part B enrollees will be $164.90 in 2023, a decrease of $5.20 from $170.10 in 2022. According to the Centers for Medicare and Medicaid Services, the decrease is due to lower-than-projected spending…
At its September meeting, the Board unanimously voted to approve a 2.5% cost-of-living adjustment (COLA) increase for eligible retirees and beneficiaries in 2023. By statute, SERS’ COLA is based on the year-to-year change in the Consumer Price Index (June 2021 to…
Beginning August 1, 2022, retirees and benefit recipients will start receiving the Retiree Focus newsletter and their payment stub two times a year. The Retiree Focus and payment stub, which were previously mailed quarterly, will now now be sent twice a…
Medicare enrollees can now get free over-the-counter COVID-19 tests at eligible pharmacies and other participating locations. The Centers for Medicare and Medicaid Services (CMS) announced on April 4, 2022, that for the duration of the COVID-19 public health emergency, Medicare Part…
The Biden Administration requires private insurance plans to provide up to eight COVID-19 test kits for a $0 co-pay through the insurance pharmacy benefit. This federal requirement ONLY applies to SERS’ non-Medicare plans. Aetna Choice POS II and Aetna Traditional Choice…
Medicare has announced the standard monthly premium for Medicare Part B enrollees will be $170.10 in 2022, an increase of $21.60 from $148.50 in 2021. According to the Centers for Medicare and Medicaid Services, the increase is based in part on…
You may have read in the news that the U.S. could begin seeing slowdowns in mail delivery as early as today as the U.S. Postal Service implements its new service standards. While SERS mails paper checks one to two business days…
At its September meeting, the Board unanimously voted to approve a 2.5% cost-of-living adjustment (COLA) increase for eligible retirees and beneficiaries in 2022. By statute, SERS’ COLA is based on the year-to-year change in the Consumer Price Index (June 2020 to…
Medicare is a federal health insurance program that does not cover 100% of health care costs, which is why many enrollees choose to purchase a Medicare Advantage or Medicare Supplemental plan to help lower out-of-pocket costs. To be eligible for an…
