best Medicare insurance for federal employees

best Medicare insurance for federal employees

Federal employees and retirees covered by FEHB (Federal Employees Health Benefits) have unique Medicare coordination options. When you retire and go on Medicare, FEHB and Medicare work together. In most cases, keeping FEHB and adding Medicare Part B provides excellent comprehensive coverage.

What You Need to Know

• FEHB and Medicare coordinate — Medicare pays first, FEHB pays second
• Adding Medicare Part B typically reduces your out-of-pocket costs significantly
• Some FEHB plans waive Part B cost-sharing when you have Medicare
• You can suspend FEHB enrollment if you join a Medicare Advantage plan
• An independent agent can help you compare FEHB + Medicare vs Medicare Advantage