July 2024 Southwest Coastal Area Local Retiree Chapter Meeting

 

The Southwest Coastal Area Local Retiree Chapter  next retiree chapter meeting will be on Wednesday, July 24, 2024 at the Denny’s located at Lincoln and Tustin in Orange at 11 AM.  The retiree chapter will pay for a breakfast or lunch meal.

Denny’s Orange -1695 E LINCOLN AVE, ORANGE, CA 92865 – (657) 223-3390

Please RSVP at 714 206-2931 or bd62748@aol.co

 

We will have representatives for Kaiser Permanente and Blue Cross to discuss the FEHB and Medicare guide.  I personally think you will enjoy the presentation.

FEHB and Medicare

2025 will be changes for Postal Workers and Retirees

Those having Medicare A and B should be aware of benefits you may be entitles to.

FEHB (our medical plans) and Medicare issues you should be aware of.

Attached to this message is the Medicare Benefits related to Kaiser Permanete FEHB and The APWU Health High Option Plan.

The Southwest Coastal Area Local Retiree Chapter  next retiree chapter meeting will be on Wednesday, July 24, 2024 at the Denny’s located at Lincoln and Tustin in Orange at 11 AM.  The retiree chapter will pay for a breakfast or lunch meal.

Denny’s Orange -1695 E LINCOLN AVE, ORANGE, CA 92865 – (657) 223-3390

 

Please RSVP at 714 206-2931 or bd62748@aol.com

2025 will be changes for Postal Workers and Retirees

 

We will have representatives for Kaiser Permanente and Blue Cross to discuss the FEHB and Medicare guide.  I personally think you will enjoy the presentation.

Please Vote

California Voters

Ballots are being mailed this week.

Important Dates

February 5-Mach 5, 2024 –  Early Vote by Mail period

February 6, 2024 – Vote by Mail secure drop boxes open

February 20, 2024 – last day to register to vote for this election

March 5, 2024 – Primary Election date 7:00AM – 8:00 PM

Please Vote

Merry Christmas and Happy New Year – January Meeting Date

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Merry Christmas and Happy New Year.

January 2024 Southwest Coastal Area Local Retiree Meeting will be on Wednesday January 17, 2024.  The meeting starts at 11 AM.  The location is our regular meeting location Denny’s.

Retiree Chapter Meeting – Denny’s located at 1695 E Lincoln Ave, Orange, CA 92865.
The meeting starts at 11 AM on Wednesday, October 18, 2023.
Please let me know if you are coming at 714 206-2931 or bd62748@aol.com 

Medicare Part B 2024 Premiums

Each year, the Medicare Part B premium, deductible, and coinsurance rates are determined according to provisions of the Social Security Act. The standard monthly premium for Medicare Part B enrollees will be $174.70 for 2024, an increase of $9.80 from $164.90 in 2023. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024, an increase of $14 from the annual deductible of $226 in 2023.

Full Part B Coverage
Beneficiaries who file individual tax returns with modified adjusted gross income: Beneficiaries who file joint tax returns with modified adjusted gross income: Income-Related Monthly Adjustment Amount Total Monthly Premium Amount
Less than or equal to $103,000 Less than or equal to $206,000 $0.00 $174.70
Greater than $103,000 and less than or equal to $129,000 Greater than $206,000 and less than or equal to $258,000 $69.90 $244.60
Greater than $129,000 and less than or equal to $161,000 Greater than $258,000 and less than or equal to $322,000 $174.70 $349.40
Greater than $161,000 and less than or equal to $193,000 Greater than $322,000 and less than or equal to $386,000 $279.50 $454.20
Greater than $193,000 and less than $500,000 Greater than $386,000 and less than $750,000 $384.30 $559.00
Greater than or equal to $500,000 Greater than or equal to $750,000 $419.30 $594.00
Most people I know pay the standard Medicare Part B.  However, those with higher income pay according to the above table.

2024 FEHB Medical Premiums

2024 Premiums

Full Sets of Rate Charts

The charts below provide information on biweekly and monthly premiums, including the total premiums, the amount the government pays, and the change in the enrollee’s portion of the premium compared to last year. All FEHB plans offer Self Only, Self Plus One, and Self and Family enrollment types.

Notice for USPS employees: In 2024, the employer contribution rate for FEHB plans is the same across all Postal labor unions and management associations, except for USPS non-career employees or where specified otherwise in a collective bargaining agreement.  FEHB-eligible career USPS employees fall under the same rate category called “Premium Rate.” These premiums do not apply to USPS non-career employees, to USPS annuitants, or where specified otherwise in a collective bargaining agreement.  If you are a Postal service employee and have questions or require assistance, please contact USPS Human Resources Shared Service Center: 877-477-3273, option 5, Federal Relay Service 800-877-8339.

Disclaimer: In some cases, the enrollee share of premiums for the Self Plus One enrollment type will be higher than for the Self and Family enrollment type. Enrollees who wish to cover one eligible family member are free to elect either the Self and Family or Self Plus One enrollment type.

HMO (Regional Plans with Specific Service Areas)

FFS (Fee-for-Service/Nationwide Plans)

The 2024 biweekly maximum government contribution for most employees and annuitants (72% of the weighted average) is $271.43 for Self Only, $586.50 for Self Plus One, and $646.18 for Self and Family. The monthly maximum government contribution (72% of the weighted average) is $588.10 for Self Only, $1,270.75 for Self Plus One and $1,400.06 for Self and Family.

For 2024, the biweekly program-wide weighted average premiums for Self Only, Self Plus One, and Self and Family enrollments with a government contribution are $376.99, $814.59, and $897.47, respectively. The monthly program-wide weighted average premiums for Self Only, Self Plus One, and Self and Family enrollments with a government contribution are $816.81, $1,764.95, and $1,944.52, respectively.

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