GEHA FEHB + Medicare Presentation · 2020. 8. 22. · Medicare Part D / prescription coverage. GEHA...

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transcript

Medicare + FEHB Webinar

Brian SperlingSenior Account ManagerGEHA

Mickey BasiAccount ManagerGEHA

AgendaFEDVIP in retirement

FEHB rules about retirement

Medicare Parts A and B

Should I enroll in Part B?

How and when should I enroll in Medicare?

Medigap or Medicare supplement plans

Medicare Part C / Medicare Advantage

Medicare Part D / prescription coverage

GEHA medical and dental plans

You should consider delaying enrollment in Part B if you are still actively employed. You will not be penalized for late enrollment.

Part B Premiums for 2019File Individual Tax

Return*File Joint Tax

Return*Part B Premium

You Pay

$85,000 or less $170,000 or less $135.50

$85,001–$107,000 $170,001-$214,000 $189.60

$107,001–$133,500 $214,001-$267,000 $270.90

$133,501–$160,000 $267,001-$320,000 $352.20

$160,001-$499,999 $321,000-$749,999 $433.40

$500,000 and above $750,000 and above $460.50

91% of beneficiaries in 2019

*Amount based on modified adjusted gross income as reported on your IRS tax return from 2 years ago.

Part B Premiums

$3

$135.50

$135.50 x 12

1966 2019

Summary of Medicare and plan options

Medicare and plan options Premiums you pay

A + B + FEHB Part B + FEHB

C + FEHB Part B + private insurance + FEHB (FEHB doesn’t waive cost-sharing)

Part C only (Suspend FEHB) Part B + private insurance (premiums & coverages vary widely)

A + FEHB (no Part B) FEHB Only

A + B + Tricare (Military Retirees) Part B OnlyA + B + Medigap/Supplement + Part D (Not for FEDS)

Part B + private insurance + Part D premium

How GEHA works with Medicare A & B

geha.com/medicare

GEHA dental plans

Thank you!