FEHB and Medicare after 65


Q. I am 65, employed at the U.S. Postal Service and applying for Medicare Ppart A but not Part B. I am confused after reading in the FEHB benefits brochure from several plans: “When you are age 65 or over and do not have Medicare …” That sound like if I do not take Medicare Part B, plans will pay less benefits and I will be paying more. There is a benefit to taking Part B, but the monthly premium negates it. I am afraid they pay only what Medicare pays and I will be left paying the difference.

A. If you don’t enroll in Medicare Part B, you’ll be responsible for any costs that exceed the Medicare-approved amounts for physicians who accept Medicare assignment for your claims or a potentially higher amount if your physicians don’t accept Medicare. You’’ll have to decide if the premiums you’d pay for Part B will be offset over time by what you’d gain from having that coverage.


About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

Leave A Reply