How is the Police & Fire Medicare Part B Reimbursement calculated?
The Police & Fire Retirement Fund will pay the cost of the lowest cost plan for health coverage. If the Member chooses a plan other than the lowest cost plan they pay the difference. The same goes for the reimbursement of Medicare Part B. If there is a subsidy balance, that balance may be used toward the reimbursement of the Medicare Part B premium paid to Social Security. Therefore a Member may get a full reimbursement or they may only get a partial reimbursement depending on the subsidy balance.
