Medicare Advantage and FEHB

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Q. Are my insurance premiums reduced when I am eligible for Medicare Advantage plans?

A. No. they aren’t reduced. However, according to OPM, “When you enroll in a Medicare Advantage plan, you may not need FEHB coverage because the Medicare Advantage plan will provide you with many of the same benefits. You should review the Medicare Advantage Plan benefits carefully before making a decision to suspend or cancel FEHB coverage.”

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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.

2 Comments

  1. I will be eligible for medicare Oct 1. I have BCBS Federal healthcare through my FERS retirement. I also use VA. However, the VA does NOT take care of us properly. I cannot drop BCBS so how will medicare affect me? I really don’t understand. Help & thanks.

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