Q. I am 66 and retired under the old CSRS retirement. I enrolled in Medicare A & B at 65. My wife is covered by only by my CSRS health insurance, which I have kept. For the average person in average health, do you think it is cost effective to enroll in Medicare Part B if I have also kept my government retirement health? If I understand correctly from previous posts, if I keep Medicare A I don’t have to pay anything, just for Medicare B?
A. Answering your second question first, no you don’t have to pay anything for Medicare Part A. You bought that coverage through payroll deductions while working. As for your second question, only you can decide if Medicare Part B is worth the additional cost. If you are in good health now and expect to remain in good heath throughout your life, then Part B wouldn’t be a good investment. On the other hand, if you want to take out some insurance against unexpected health issues later in life, enrolling in Part B might make good sense.