|Corker, Bennet Introduce “Medicare Information Act”|
New Annual Medicare Statement Would Show Lifetime Contributions & Benefits
WASHINGTON - U.S. Senators Bob Corker, R-Tenn., and Michael Bennet, D-Col., have introduced legislation to establish a new annual Medicare statement so Americans are better informed about their contributions and benefits. The Medinfo Act, previously introduced in the House of Representatives by Reps. Paul Ryan, R-Wis., and Jim Cooper, D-Tenn., will provide every eligible taxpayer and Medicare beneficiary age 25 and older with a detailed summary of their total lifetime contributions and benefits. The Medicare statement would be sent in a single mailing – via post or email – along with the current Social Security statement. More ...