If you’re approaching age 65 or already retired under FERS or CSRS, it is important to weigh your healthcare options before making a decision that could affect both your coverage and retirement budget for years to come.
As Medicare Part B premiums continue to climb, federal retirees face an increasingly important financial decision: Is enrolling in Part B worth the additional monthly cost if you already have FEHB coverage?
Retirement expert, Tammy Flanagan, explains why the answer depends on your individual circumstances. She reviews the latest Medicare premium projections, how Medicare coordinates with FEHB, and why many retirees still choose to enroll despite the added expense. She also discusses situations where delaying or declining Part B may make sense and reminds retirees why dropping FEHB is generally not advisable.
Read the full article, go here [GovExec]