Retirement Planner: Special Extra Earnings for Military Service
For those of you with Active Duty Military time, Ensure you're getting your full benefit.
V/R,
Frixxxx
They force you, but I found that you can save a little by taking the lower option of some of the FEHB. I save over $100 a month taking BCBS Basic Family instead of Standard Family, no deductibles, copays and has paid everything so far. Costs $10 more for a Dr's visit and $5 more for perscriptions for the Wife but mine make up for that.
Retirement Planner: Special Extra Earnings for Military Service
For those of you with Active Duty Military time, Ensure you're getting your full benefit.
V/R,
Frixxxx
THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
Tracker = Check my position
I do not beleive that if you drop Part B you lose SS, but rather Part A. Bail on Medicare Part A and you'll lose Social Security | BenefitsPro
http://www.politifact.com/truth-o-me...social-securi/
Official Retirement Date: 06-31-2014!
Think twice before not getting part A and B, I have it it cost about $100 a month I also have BCBS basic. Haven't paid a dime so far what Medicare doesn't pay for BCBS does that included 3 nights in a hospital and 3 ultrasounds, a total of 5 MRIs, and 2 CT scans. With all that they didn't find a thing wrong with me.
Nnuut, does not BCBS cover what Part B covers anyway?
Official Retirement Date: 06-31-2014!
Yes but only the part Medicare doesn't pay, doctors can't charge me any more than Medicare authorizes. I pay nothing for doctor's and specialist's visits, no coinsurance copays etc. BCBS pays prescription drugs unless you have part "D". The wife is younger and BCBS covers her 100%, but with copays etc. when she gets 65 she will use both like I do.
I really can't remember but I don't think BCBS would pay all of the part B if you didn't have it from Medicare probably none.
Last edited by nnuut; 05-21-2013 at 10:27 PM.
There's a lot of good information on feds, Medicare A,B,C,D, doctor-Medicare-FEHB twists and turns over at FederalSoup.com-its a forum connected to that FederalDaily newsletter that hits my work email practically every day. I've learned a lot from reading those threads in that forum. they don't talk about active management of tsp funds, so think its okay to mention that site here. they are focused more on information sharing on the administrative side of being a fed or soon-to-be fed retiree.
"life can only be understood backwards, but it must be lived forwards" - soren kierkegaard
Okay then, it seems that Part B (about $100 per month) is probably worth it, even with BCBS. Especially considering that as we age, one incident or event can easily exceed the cost of the premium. Now, I need to look closer at part D and begin to consider if it is a benefit we will need to consider.
Official Retirement Date: 06-31-2014!
Aha! This is what I suspected, and good information to evaluate the value of Part D for FEHB BCBS plan participants.
The US Office of Personnel Management (OPM) has determined that the Blue Cross and Blue Shield Service Benefit Plan prescription drug coverage is, on average, expected to provide as much as the standard Medicare prescription drug coverage in terms of benefits. Therefore, you do not have to enroll in Medicare Part D and pay extra for prescription drug coverage. If you do decide to enroll in Medicare Part D, we will coordinate benefits for prescription drugs with your Part D coverage.
Page 12
http://www.fepblue.org/downloads/201...re_and_you.pdf
Official Retirement Date: 06-31-2014!
No more Social Security at 62?
By Jennie L. Phipps · Bankrate.com
Read more: No more Social Security at 62? « Bankrate, Inc.
Austerity is raising it's ugly head! Well, cut my legs off and call us Greece.
Jimmy Carter started screwing Government workers and these guys will finish the job.
Senators Propose to End Defined Benefit Pensions for New Federal Employees
by Ian Smith | November 13, 2013
Senators Propose to End Defined Benefit Pensions for New Federal Employees - FedSmith.com
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