Q. If one decides to defer Medicare Part B at age 65 and continue with health care coverage under FEHBP, is there a penalty? I have read that it is 10 percent a year for each year after 65 — is this true? Is there a ceiling on the penalty amount?
Q. I requested an estimate from DLA to include keeping my FEPBlue coverage for my spouse and me. I am covered under FERS. I was told that in order to keep my insurance that I would be required to take Medicare Part B. Is that the case? I plan to retire in January 2016 and don’t want to miss any important deadlines for Part B.
Q. I am retiring at age 62 under the FERS retirement system. The health care coverage I have is FEHB family coverage. When my spouse turns 65, will she need to sign up for Medicare A and B? I would be 63 and ineligible for Medicare while my wife WOULD be eligible. How would that affect my FEHB family coverage and costs? Should my wife sign up for Medicare A & B at age 65 even though I retired at age 62?
Q. My dad is retired under CSRS with survivor benefits for his spouse (my mother) and maintains his FEHB insurance. My mother is covered under his FEHB also. She is 71. When she retired over a year ago, she signed up for Medicare Part A & B. Can she terminate Medicare Part B even though she has been on Part B for more than 12 months and she is over age 70? A. To discontinue her coverage under Medicare Part B, she’ll have to call the phone number on her Medicare card and talk to a Medicare representative.
Q. I recently read your comment regarding Medicare part A and Blue Cross coverage being sufficient for most retirees (according to NARFE). In your opinion, would Medicare parts A and B be sufficient for most retirees without Blue Cross coverage? It appears to me that route would be cheaper, but would the coverage be as good? Also, have there been any developments concerning self-plus-one rates for any of the health insurance policies offered to employees or retirees? A. Only you can determine if the coverage would be as good for you. As for the self-plus-one option, OPM has postponed implementing…
Q. I am a retired USPS employee. Presently, I am enrolled with BCBS with self and family option. My wife wants to get Medicare Part B and cease to be enrolled with my FEHBP. Can my wife re-enroll with my plan if she decides to do so later on?
Q. My wife works for the VA. I am covered under her BC/BS federal health insurance. I turn 65 in 30 days. Do I need to sign up for Medicare Parts A & B? If I need to sign up and if I use BC/BS plus medicare, are there any advantages?
Q. I will turn 65 in July of this year. I’m retired through the CSRS. Should I enroll in Medicare Parts A and B? I’m enrolled in Blue Cross Blue Shield in the federal health insurance program and plan on keeping my insurance. If I take Parts A and B, how much would they cost?
Q. I have been CSRS with no broken service since 1978. I worked a few part time jobs when I was young, so I have only a few quarters of Social Security. When I turn 65 in a few years, I want to sign up for Medicare Part A and B. I know I will have to pay for Part B, but will my 36 years of CSRS be enough for me to get free Medicare Part A?