Do You Really Need Medicare When You Already Have FEHB?

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Today, we're tackling a question we often hear: "Do we really need to sign up for Medicare when we've already got FHB?" This is a crucial topic, and you won't want to miss this.

Spoiler alert: Your health coverage is gold! We're talking about you only footing 28% of the premiums, with the government picking up 72%. Jealous much? Now, let's dive into whether signing up for Medicare Part A and B and keeping FHB is the smart move. Find out how when Medicare becomes your primary insurance, FEHB tags along as the trusty sidekick, and together, they make a superhero team of coverage.
And if you're worried about costs, we've got your back with the lowdown on premiums, potential out-of-pocket expenses, and when it might make sense to skip Medicare Part B.

But wait, there's more! Christian shares some insider tips on how FEHB and Medicare work like a dream team, potentially saving you a chunk of change. So, if you're wondering how to make the most of your retirement benefits, this video is your go-to guide.

As always, happy planning!
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I think i posted this on another YouTube video but....
I'm 65 retired federal gov. I have bcbs standard and carry my husband who is younger than i so he's not eligible for Medicare yet. My question is, will my BCBS pay for any doctor's visits, mri's, mammogram, etc, as normal if i don't have part B. I pay almost 900 a month for bsbc, dental and vsp vision. I am hoping i will continue to get the same care that I've always received without part b especially since my payments to bcbs haven't changed but instead continue to go up. Thank you for any help you can give.

DC-dktq
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If you think about it $177/ month for part B is pretty cheap. BCBS Basic is $207/month for self. That combo is about the best you can do for the cost. Plus you get a $66/ month credit from BCBS. Total cost: $318/ month. Can’t complain.

teeduck
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Medicare premiums directly to the government. On the other hand, FEHB premiums are paid by the federal government, so you don't have to worry about additional premiums.

Chikezie
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I have BCBS as a postal service annuitant. I am 81. I have part A. With the PSRA I can sign up for part B without a late penalty charge. If I do sign up, can I get out of part B if I don't want it? I really like my BCBS but I'm worried that they may change their coverage because of the postal service integration. Also part D, I wonder if all meds will be covered like they are on BCBS.
Can you please advise?
Thank you

SueNess
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There should be a better package for retirees in medicare combine with FEHB . I hope it improves budget friendly for us retiree with FEHB

carmenanico
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Going from standard to basic limits you to preferred providers.

temtationeyes
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This is frustrating, the FEHB for life is your greatest benefit, but instead of actually using that benefit you need to add the Medicare coverage that everyone else has to get, making Feds pay twice for healthcare benefits. The IRRMA surcharges are extremely high, and Feds should be able to just continue the plan and benefit without getting into the Medicare mess.

stephendove
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I am very confused. Under FEHB now with my husband who is a Federal worker, our plan states $5, 000 is our max out of pocket. Why would it go up to $15, 000 after he retires. Wouldn't Fed workers revolt?

CCB
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I am a federal employee (not postal) who enrolled in FEHB 5 years ago and is planning to retire the end of 2023. I have additional health insurance through my wife. My wife will be working two years beyond my retirement date. Can I delay taking my FEHB into retirement until after she retires and I am no longer covered under her revised plan. Thanks...Pete

PeterBlatto
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If I want to go to a doctor of my choice I know I can uses Blue Cross, but when I go to my doctor of choice they are going to barf at Medicare.

kendarcie
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Postal service is grandfathered in if you turn 64 before 2025

ninimusta