1. FEHB and Medicare

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Questions
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3. Healthcare Options
If you are eligible for Medicare, you may have choices in how you get your health care.
Medicare is a health insurance program for:
People 65 years of age and older
Some people under age 65 with disabilities
People with End-stage Renal Disease

4. Understanding Medicare
Part A
Covers inpatient hospital, skilled nursing facility care and home health care
No cost for most
Part B
Covers most doctors' bills, as well as some medical services and supplies
Monthly premium
By signing up for Medicare Part B, retirees may be able to select a lower cost FEHB plan, as well as benefit from lower out-of-pocket costs.

5. Understanding Medicare
Part C
Medicare Advantage Plans offered by private companies provide all Part A and Part B benefits. Most include Part D
Normally not necessary if enrolled in FEHB
Monthly premium
Part D
Prescription drug coverage
You could save money enrolling in a Medicare Advantage Plan (Part C) and suspending your FEHB coverage

6. Happy birthday! 7-month Initial Enrollment Period When to Sign Up
Begins 3 months before your 65th birthday and ends 3 months after your 65th birthday
You can sign up for Medicare Part A three months before your 65th birthday or any time during or after your Initial Enrollment Period begins
Happy birthday!

7. How to Apply
Apply at
Visit your local Social Security office
Call Social Security at ; TTY
Complete CMS 40B Application for Enrollment in Part B (must be enrolled in Part A)

8. Why Sign Up for Medicare?
Part A:
You’ve been paying for it your entire career
Part B:
You could end up saving money by electing an FEHB plan that better fits with Medicare
Lower FEHB premiums
Low or no out-of-pocket costs

9. Presentation is for Career Employees only.
FEHB Overview
Choice of 200+ FEHB plans
You pay 28% of the total premium
No need to re-enroll
Make changes during Open Season or a QLE

10. Presentation is for Career Employees only.
FEHB Enrollment
Everyone has different individual and family needs
It’s important to identify the right plan for you and your family
You could end up getting a better value for your health care dollars
Too many Postal retirees are over-buying their health insurance!

11. Why Don’t People Change?
They are afraid of losing their doctor
Uncle Bob said it’s the best plan around
They don’t know where to start to try and find a new plan

12. FEHB and Medicare in Retirement
There is no need for Medicare Advantage, Medicare Part D, or Medigap coverage if you have an FEHB plan and Medicare Part A & B
Sample Scenario: Plan 1 Medicare Part A + FEHB
Medicare Part A, per year $0
Plan 1, High Option, per year (Self Plus One)
$6,670
Yearly Insurance Premiums
Sample Scenario: Plan 2 Medicare Part A + Part B + FEHB
Medicare Part A, per year $0
Medicare Part B, per year
$3,252*
Plan 2, Low Option, per year (Self Plus One)
$3,667
Less: HRA funds
($1,800)
Yearly Insurance Premiums
$5,119
Deductible: $700
Copays: $25 primary, $35 specialty
Deductible: $0
Copays: $0
Annuitant has lower premium and out-of-pocket costs by changing plans from high option to low option and enrolling in Medicare B
*Assumes Medicare premium for two people; new Medicare enrollment in 2019

13. Presentation is for Career Employees only.
Checkbook
Go to under “Health Benefits” to access Checkbook

14. Checkbook

15. Presentation is for Career Employees only.
Checkbook
Go to under “Health Benefits” to access Checkbook

16. HRA or Medicare Reimbursement
Comparing FEHB Plans
FEHB Plan
Self Plus One
HRA or Medicare Reimbursement
Deductible
Copay
BCBS Standard
$6,670 $0
$700
$25
BCBS Basic
$4,435
$1,200
$30
GEHA Standard
$3,286
$15
Aetna Direct
$3,667
$1,800
$3,000
20%
All plans listed here waive deductibles and copays for retirees enrolled in Medicare Parts A & B

17. Medicare Advantage Plans
Medicare Advantage (MA) Plans are offered by private companies approved by Medicare
They cover all Medicare A & B services
Most MA Plans also offer Part D coverage
Most MA Plans also offer extra coverage, like vision, hearing and dental coverage
Premiums and out-of-pocket costs differ by MA Plans – just like in FEHB

18. Find a MA Plan
Go to to compare MA Plans in your area.

19. Compare MA Plans

20. Don’t Forget
If you decide to enroll in a Medicare Advantage Plan – SUSPEND, do not cancel, your FEHB coverage
The Open Enrollment Period for joining a Medicare Advantage Plan occurs each year from
October 15–December 7

21. Getting Help
To find your local SHIP office go to

22. Keeping Posted Website

23. Keeping Posted on Facebook

24. Submit your questions following the webinar to healthandwellness@usps
Submit your questions following the webinar to