Quote:
Originally Posted by 60North
I am retiring from the fed, for the final time, next month. I am making the Medicare decision. I am curious how many retired feds chose to keep their FEHB and decline Part B.
I plan on traveling quite a bit, so a Medicare Advantage plan isn’t in the picture. I am considering Blue Cross Standard and decline Part B ; or change to Blue Cross Basic and Medicare. Experiences? Comments?
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That is exactly what I did. I have the Blue Cross standard plan, and I do not have Medicare Part B. In my case, the Medicare premiums would cost more than half of the Blue Cross $5,000 annual catastrophic limit. Since I can afford to pay the catastrophic limit, if necessary, it makes no sense to have Medicare. The Blue Cross plan is accepted almost everywhere. So far, I have saved thousands of dollars every year by not paying the Medicare premiums. Do the math.