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…
Browsing: Coverage after retirement
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. I retired from the Army in 2011 and have been working as a contractor since then. I have just accepted a GS position. I have Tricare (retired) now. Does my new position have the option of Tricare or is that just a military thing? If not, then should I ditch the Tricare for the FEHB? Any advantages/disadvantages either way?
Q. If my wife chose to retire now, at her minimum retirement age of 56 with 13 years of FERS service, would she be able to postpone her annuity until age 60? She currently carries FEHB (self), as long as she has had it the last five years, can I pick her up under my FEHB (self+1 or family) once she retires and then when she becomes 60 she can reinstate her own self-plan at that point?
Q. I am a reinstated federal employee with the Bureau of Prisons who is 59 years old and has 15 years of service time. I want to retire under the minimum retirement age and understand there is a five percent penalty for every year under the age of 62. But, am I able to keep my federal health insurance until I reach age 65?
Q. If I retire at age 60 with 25 years of federal service, how will it affect my federal medical health benefits? Will I still be eligible for benefits to continue under the FEHB and will my benefit costs remain the same amount as if was working?
Q. I’m considering an early retirement from USPS. I currently have health insurance that costs me approximately $370 per month. It looks to me like I can actually get comparable coverage through the Obamacare site for less than my contribution to my current health insurance plan based on my projected income after retirement. Would I be eligible to receive the discounted health plan from the new government program? I know that I’m not eligible to participate now as an employee of USPS because my employer provides health coverage. After retirement, I can continue to receive health benefits through USPS but…
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 plan on leaving federal service with the VA after 15 years of employment, having worked various jobs at GS-7 and GS-5 levels. I will be 48 years old upon my voluntary leave. Can I collect my VA pension immediately or do I have to wait till I reach a certain age to collect a monthly pension? And if I can collect my VA pension now, can I continue to pay for health insurance via monthly deduction from the pension amount?