Whether or not to enroll in Part B is a key decision that enrollees must make, most typically at age 65 or upon retirement, whichever comes later. Because there is a 10 percent per year premium penalty for not enrolling in Part B within a few months of the deadline, annuitants are under great pressure to make a decision and about 70 percent decide to enroll. It can be surmised … [Read more...] about Should Federal Retirees Take Medicare Part B?
Every year savvy Federal employees and annuitants check out their plan options and decide whether or not to change plans. But these annual plan decisions do not usually consider longer-term strategic decisions by OPM, by plans, and by enrollees. Several of the key variables in these plan decisions are Medicare status and plan cost-sharing for those with Medicare. It turns … [Read more...] about Strategic Medicare and FEHB Plan Choices for 2021