What is the amount of my health subsidy?
If you are not in a Medicare plan, or are in Medicare Part B only, your subsidy is based on your spouse/domestic partner’s years of service. You will be entitled to 4% per year of service (up to a maximum of 25 years of service) of the current City maximum subsidy of $511.76. However, the subsidy cannot be more than the single-party cost of your health plan. If you are in a Medicare A & B plan, you will be entitled to a percentage of the single-party cost of the plan you are in, based on your spouse/domestic partner’s years of service. For 10-14 years of service, 75%; for 15-19 years of service, 90%; and for 20 and over years of service, 100% of the single-party cost of the plan you are in. However, the subsidy cannot be more than the current single-party civilian Medicare premium of $406.44.
If you are not in a Medicare plan, or are in Medicare Part B only, your subsidy is based on your spouse/domestic partner’s years of service. You will be entitled to 4% per year of service (up to a maximum of 25 years of service) of the current City maximum subsidy of $560.78. However, the subsidy cannot be more than the single-party cost of your health plan. If you are in a Medicare A & B plan, you will be entitled to a percentage of the single-party cost of the plan you are in, based on your spouse/domestic partner’s years of service. For 10-14 years of service, 75%; for 15-19 years of service, 90%; and for 20 and over years of service, 100% of the single-party cost of the plan you are in. However, the subsidy cannot be more than the current single-party civilian Medicare premium of $434.44.
