Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Medicare and Health Care


*This is a non-medical board. This site shall not be used to seek professional, medical or legal consultation.

Medicare is health insurance for people age 65 or older, under age 65 with certain disabilities, and any age person with End-Stage Renal Disease (ESRD). There are many different parts to Medicare; with all of these options, it can be confusing.

This forum will allow members to share their experience with medicare and seek advice* on certain medicare-related situations.

To read today's top news stories on federal employee pay, benefits, retirement, job rights and other workplace issues visit FederalDaily.com.

Options
Go to last post Go to first unread
GWPDA  
#1 Posted : Sunday, May 26, 2019 9:10:51 AM(UTC)
GWPDA

Rank: Senior Member

Groups: Registered
Joined: 2/26/2011(UTC)
Posts: 2,318

Thanks: 234 times
Was thanked: 489 time(s) in 408 post(s)
Is there a site someplace where the costs of all the various FEHB plans -after- retirement can be found and compared? Or must one consult each plan separately?
wlls  
#2 Posted : Monday, May 27, 2019 1:07:16 AM(UTC)
wlls

Rank: Newbie

Groups: Registered
Joined: 2/12/2016(UTC)
Posts: 7
United States
Location: Midwest

old fed  
#3 Posted : Monday, May 27, 2019 6:08:50 AM(UTC)
old fed

Rank: Senior Member

Groups: Registered
Joined: 3/10/2012(UTC)
Posts: 675

Thanks: 103 times
Was thanked: 61 time(s) in 54 post(s)
Originally Posted by: GWPDA Go to Quoted Post
Is there a site someplace where the costs of all the various FEHB plans -after- retirement can be found and compared? Or must one consult each plan separately?



https://www.opm.gov/heal...an-information/premiums/

you're aware that other than for postal employees the rates are the same pre and post retirement?

Edited by user Monday, May 27, 2019 6:10:24 AM(UTC)  | Reason: Not specified

SD Analyst  
#4 Posted : Thursday, May 30, 2019 1:52:37 PM(UTC)
SD Analyst

Rank: Senior Member

Groups: Registered
Joined: 8/8/2013(UTC)
Posts: 2,252

Thanks: 1988 times
Was thanked: 417 time(s) in 356 post(s)
Rates are the same for all non-Postal employees (Postal employees have a higher rate paid by the Agency while working, due to Collective Bargaining; when they retire, they revert to regular rates). The only difference is that while employees, your insurance is pre-tax; after retirement, it is not. Also, it is taken from your once a month annuity vs. being taken out by pay period.
TheRealOrange  
#5 Posted : Friday, May 31, 2019 3:28:53 AM(UTC)
TheRealOrange

Rank: Senior Member

Groups: Registered
Joined: 5/22/2011(UTC)
Posts: 664

Thanks: 1 times
Was thanked: 132 time(s) in 114 post(s)
Originally Posted by: SD Analyst Go to Quoted Post
Rates are the same for all non-Postal employees (Postal employees have a higher rate paid by the Agency while working, due to Collective Bargaining; when they retire, they revert to regular rates). The only difference is that while employees, your insurance is pre-tax; after retirement, it is not. Also, it is taken from your once a month annuity vs. being taken out by pay period.

Just so there is no confusion, there are several independent agencies outside of the USPS that contribute more to employee health insurance premiums than do the executive agencies. As an example, one agency I worked for paid 85 percent of the total weighted average premium as the employer contribution. Conversely, the general Federal government contribution is the lesser of 72 percent of the overall weighted average or 75 percent of the total premium for the plan. Therefore, when an employee at that independent agency retired, the government share of the premium decreased substantially. While OPM's FAQ uses the "Post Office" as an example, there are quite a few other agencies that contribute more to their employees' FEHB premiums than the Federal government does in retirement. So, it is best to check your specific agency when addressing the retiree share versus the employee share. All that said, the "costs of all the various FEHB plans" as mentioned in the original post do not change. It's just the employee/retiree share that might change.

Q. Will my premiums increase once I retire?

A. No, you will pay the same premium as you paid while you were an employee. However, annuitants are paid on a monthly basis so you will pay them at the monthly rate. You may see an increase if you are employed by an agency, such as the Post Office, that contributes additional money towards the total premium. Retirees receive the same government contribution as most Federal employees.

Rss Feed  Atom Feed
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.


This page was generated in 0.300 seconds.