geha fehb + medicare presentation · 2020. 8. 22. · medicare part d / prescription coverage. geha...
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!