Retirement Freedom Act
Sponsored By: Representative Palmer
Introduced
Summary
Creates a voluntary, reversible opt-out from Medicare Part A for people entitled to those benefits. The Retirement Freedom Act would let eligible individuals elect to leave Part A using a form and process set by the Secretary of Health and Human Services. They could later end the opt-out and re-enter Part A without penalty. The Secretary would define how to make and end the election. Opting out would not require giving up Social Security benefits under Title II of the Social Security Act. Individuals would not have to repay Part A payments for items and services furnished before making the election.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Optional Medicare Part A opt-out for seniors
If enacted, you could choose to opt out of Medicare Part A hospital insurance. You would fill out a form and follow the process the Secretary of Health and Human Services sets. You would not have to give up Social Security benefits to make this choice. You would not have to repay Part A for care you got before opting out. You could later end the opt-out and re-enroll in Part A without penalty, under the Secretary’s rules.
Sponsors & CoSponsors
Sponsor
Palmer
AL • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
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