Browsing: Premiums

Q. I have 12 years of full-time employment and am MRA +10. Instead of retiring outright, I was thinking of going to half-time for a year or two. I understand my share of health insurance premiums will go up dramatically while I am employed part-time, but what will happen when I finally retire? Will my share go back to the full-time amount, or will I continue to pay the extra half? This is a major part of my decision to stay on because my pension would barely cover the increased amount.

Q. At age 65, I sign up for Medicare Part A because it is free and I keep my Federal Employees Health Benefits but decline Medicare Part B. Does that mean my FEHB will pay out benefits as usual as if employed, or will FEHB pay benefits as if I had Medicare Part B? If so, that means I will be paying premiums on FEHB, which provides less coverage than when I was younger and working and not eligible for Medicare.

Q. I’m currently (last 10 years) enrolled in the Blue Cross Standard family plan #105, for my wife and myself. Once I turn 65 and enroll in Medicare, would I continue with the same plan or enroll in a lesser plan such as the Blue Cross Basic family plan #112 to save money? One would think that with Medicare kicking in at age 65, which subsidizes medical cost, the supplemental Blue Cross plan would cost less. Does that sound right?

Q. I am covered as a retiree from the Postal Service under a Federal Employees Health Benefits plan. I am also covered on a plan under my name from my late husband’s employer, from which he retired. The rules for coordination of benefits state that if you are covered under two plans in your name, the plan that you had longer would be primary. Since I retired in July, my FEHB plan changed in that it is no longer paid with pretax dollars; it is paid monthly and the premium is not the postal rate but the rate other federal…

Q. I was a federal law enforcement officer who retired this year under CSRS. My wife is a federal employee who will work six or seven more years. We have Blue Cross/Blue Shield-Fed as our health plan. The premiums have always been paid out of my salary. Would it be most beneficial for us to have the health coverage premiums made from my annuity or from my spouse’s salary. Would there be any negatives to having those premiums made from my spouse’s salary?

Q. I am a retired federal employee. I kept my Blue Cross/Blue Shield under the Federal Employees Health Benefits. My husband is retired Army and is covered by Tricare for Life, Medicare and my Blue Cross/Blue Shield. I am also covered under my husband’s Tricare but not Tricare for Life. Do I need to sign up for anything else when I turn 65 in January?

Q. I am a federal employee under CSRS enrolled in the Federal Employees Health Benefits program with self-and-family coverage for myself, my wife and my daughter (under age 26). We have been covered under the FEHB program for more than five years. My wife is also a federal employee under FERS. We also have FEDVIP vision plan coverage. I may retire next year, which will be three years or so before my wife retires. In view of the fact that as a retiree, my FEHB premiums would no longer be deducted pretax, I am considering canceling my enrollment and having…

Q. My wife and I are covered under the Federal Employees Health Benefits plan, but do not have Medicare Part B. She is 77 and I am 83. Consequently, to enroll in Part B now would be cost prohibitive. We are currently enrolled in an HMO, so Part B is not a problem. If we were not in an HMO, how much would we be penalized if we were in a service benefit plan without Part B? For example, if we were in Blue Cross Standard, what additional costs would we incur without Part B?

Q. I retired from the Postal Service in 2006. I will turn 65 in April. If I understand this correctly, my employer health insurance becomes my secondary insurance and Medicare becomes my primary. Why would my premiums stay the same for an insurance that’s providing me less coverage? Also, what parts (A, B, C, D) are advisable to sign up for with Medicare?

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