:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/archetype/SD73AWGNQJFADGUUATNYHLWN2A.jpg?w=696&resize=696,0&ssl=1 "Determining When to Enroll in Medicare Part B")
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/archetype/SD73AWGNQJFADGUUATNYHLWN2A.jpg "Determining When to Enroll in Medicare Part B")
Many federal employees wonder whether they should buy Medicare Part B if they already have FEHB coverage in retirement. The monthly premium for Part B can be over 0, making it a significant expense. However, the decision ultimately rests with each individual.
While FEHB coverage combined with Medicare Part B can cover most medical needs, only a small percentage of retirees opt for Part B. Those who do typically fall into two categories: those with medical conditions where the benefits outweigh the costs, and those who want to ensure they have coverage for potential future needs.
Ultimately, the choice to purchase Medicare Part B is personal and depends on individual circumstances. If you have any questions about federal employee retirement or benefits, you can reach out to the Federal Times expert at fedexperts@federaltimes.com.
Reg Jones, a senior executive service member and expert on federal employee retirement issues, provides insights and advice based on his extensive experience in the field. Opinions expressed are his own.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/archetype/SD73AWGNQJFADGUUATNYHLWN2A.jpg?fit=800,800&ssl=1&description=The following is a question submitted by a reader to Federal Times columnist Reg Jones, a charter member of the senior executive service and the resident expert on federal employee retirement...){kind=link}