I'm a retired Federal worker. I will be 65 in six months. I have Blue Cross Blue Shield Federal Family for health insurance. I pay about 500 dollars a month for that insurance. I understand that Medicare will be taken out of my Social Security check, and I will have to pay for supplement insurance for other parts of Medicare insurance. I'm going to stay with BCBS Federal for my supplement insurance. Self plus one insurance. My question is, what happens to the BCBS Family insurance. Will I still have to pay 500 dollars for that insurance, plus have money taken out of my Social Security and pay for supplement insurance?
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BCBS is a great company and can give you all the answers you need.
Now is a good time to either visit their office or at least call them on the phone.
Be sure to do this before you reach 65 or you may end up paying more money for several months until it is corrected and you have just Medicare and BCBS.
BCBS has a special way to set up Medicare and everything else you will need.
Please do not delay as I am sure your insurance is being taken out of your bank account and that will have to be stopped.
If you have problems then you can also go to your Social Security office and your former employer as they can also give you information.
BCBS is the best place to start.
If you are retiring and keeping your Fed BSBS your payment will be the same as when employed . A you have already paid for and you need to decline part B . You dont need it if you have insurance as good as Medicare part B and you do if you are keeping your fed BCBS . If you ever decide to buy part B then wait until its in effect before your drop your regular insurance or you will have to pay a pentalty ! Because you didnt have insurance equal to Medicare part B
Is it required to have medicare deducted from you Soc
Sec if you have a suplimental ins thru your spoused work?
You should not have the regular BCBS. Make sure though that they cancel it when the supplement goes to effect. I had a friend that was on BCBS. When her Medicare started, she still had to pay the extra 20%. She would not let me check into it. Finally after 6 years, she did.
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