Bill > LD467

This bill amends state law to require the State of Maine to pay 100% of Medicare Part B premiums for certain retired state employees who meet specific criteria. Specifically, the bill applies to retirees who are not eligible for Social Security benefits and whose projected base annual state pension benefit on or after January 1, 2026, is less than or equal to the maximum amount of retirement benefits subject to cost-of-living adjustments. Medicare Part B is a component of the federal Medicare program that covers medical services like doctor visits, outpatient care, and preventive services. Currently, the law already requires the state to pay 100% of Medicare Part B premiums for active employees who choose to enroll in Medicare. This bill expands that coverage to include a specific subset of retired state employees who may have lower pension benefits and are not eligible for Social Security, potentially providing financial relief for these retirees by covering their Medicare Part B premium costs.

Labor and Employment

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=467&snum=132