🏥SSA Announces New Matching Program with IRS for Medicare Benefits
Privacy Act of 1974; Matching Program
Summary
In accordance with the provisions of the Privacy Act, as amended, this notice announces a new matching program with the United States Department of the Treasury, Internal Revenue Service (IRS). Under this matching program, the IRS will disclose IRS to SSA certain return information for the purpose of verifying eligibility for the Medicare Part D Low Income Subsidy (LIS) and determines the correct subsidy percentage of benefits provided under the Social Security Act (Act).
Agencies
- Social Security Administration
Business Impact
$$ - Med
The notice details a matching program between the SSA and IRS aimed at verifying eligibility for Medicare benefits. This affects businesses as it involves compliance with data-sharing regulations and could influence financial planning for employers who provide healthcare benefits.