Funds for Medicare Advantage Part C benefits are drawn from the Hospital Insurance (HI) Trust Fund (accounting for 48% of total spending on Medicare Part A benefits in 2023). Funds for Part B and Part D (outpatient prescription drugs) benefits are drawn from the Supplementary Medical Insurance (SMI) trust fund. Beneficiaries enrolled in Medicare Advantage plans pay the Part B …
The Medicare Trustees’ 2024 report noted, the Supplemental Medical Insurance (SMI) Trust Fund is adequately financed into the indefinite future because, unlike the other trust funds, its main financing sources — enrolled beneficiary premiums and the federal contributions from the Treasury — are automatically adjusted each year to cover costs for the upcoming year. Although the financing is assured, the …
The Medicare Trustees’ 2024 report stated that the Hospital Insurance (HI) Trust Fund will be able to pay 100 percent of total scheduled benefits until 2036, five years later than reported last year. At that point, that fund’s reserves will become depleted and continuing program income will be sufficient to pay 89 percent of total scheduled benefits.The HI Trust Fund …
Vern Larson, Avaya Retirees Chapter PresidentAvaya, a corporate telecommunications company, was created on October 2, 2000, as a spin-off from Lucent Technologies. The NRLN Avaya Retirees Chapter was formed in April 2016 because retirees were concerned that their pension plan was underfunded by 30 percent. On Jan.19, 2017, Avaya filed for Chapter 11 bankruptcy the first of two times. The bankruptcy …
June 18, 2024The Honorable Xaiver Becerra, Secretary Health and Human Services 200 Independence Avenue, S.W. Washington, D.C. 20201Dear Secretary Becerra:After you read the attached June 15 article about Dan Lispi who is battling cancer and Anthem, his Medicare Advantage (MA) insurance company, I urge you to agree that Anthem deserves 0 Stars instead of its average Star rating from CMS …
NRLN President’s ForumBy Bill KadereitThe week of March 18-22 was a very good week for the NRLN – a winner.Sometimes our wins are small and they don’t always affect “me” but in our NRLN world, we appreciate every one of them. While this year Social Security and Medicare are at risk and while we have a battle to win protecting …
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May 23, 2025 READ THE PDF COPY Photo Gallery Jim Odle, President, DuPont Retirees Chapter, (left) and NRLN President Bill Kadereit discuss retirement issues with Audrey Smith, Senior Policy Advisor, for Senator Joe Manchin (WVA) Join Us Update Email Status – If you believe you are enrolled but are not receiving email from NRLN/DRC, check your junk-mail or spam folder and …
OFFICERS AND BOARD MEMBERS These dedicated officers and directors want to hear from you. Please feel free to call on any of them to help answer your questions regarding our organization and purpose. If you share our vision, please join us. We need every corporate retiree who gets a pension and/or healthcare benefits to join us and get connected in …
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