Find out what Medicare premiums will be reimbursed to you.
Learn when Medicare will be your primary coverage
Medicare eligibility begins:
There are four parts to Medicare:
If you and your covered dependent(s) meet the following criteria, you may be eligbile to defer enrolling in Medicare Part B once you become eligible for Medicare:
You must continue to meet these requirements in order to continue deferring Medicare Part B.
It is recommended that all eligible individuals enroll in Medicare Part A upon initial eligibility. Part A coverage will not affect NYSHIP coverage through your active employment for you or your covered dependents.
Once you retire from the university, Human Resources can assist you with Special Enrollment Period (SEP) forms for Part B enrollment that you will submit to Social Security.
When you no longer have NYSHIP coverage as the result of active employment and are enrolled in NYSHIP as a retiree, vestee or dependent survivor and meet eligibility requirements for Medicare.
You usually don't pay a monthly premium for Medicare Part A coverage if you or your spouse paid Medicare taxes for a certain amount of time while working.
There is a monthly cost for Part B Medicare which may be adjusted based on income. Social Security determines if you are charged at a rate higher than the base rate, called Income Related Monthly Adjustment Amounts (IRMAA).
Once retired, you may receive a reimbursement for the monthly cost of Medicare Part B from the NYS Department of Civil Service, Employee Benefits Division.