Medicare Catastrophic:

Roll Back of Premiums on Schedule

IMTEC-90-30, Mar 16, 1990

Contact:

Frank Reilly
(202) 512-6252
contact@gao.gov

 

Office of Public Affairs
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Pursuant to a congressional request, GAO addressed the Social Security Administration's (SSA) efforts to stop withholding Medicare catastrophic coverage premiums.

GAO found that: (1) SSA planned to complete computer reprogramming by mid-March 1990; (2) the Treasury would issue two refunds totalling $572 million in excess withholdings; and (3) Medicare appropriated funds would cover the $49-million cost of collecting premiums while still issuing refunds.