Not affiliated with The United States Office of Personnel Management or any government agency

Not affiliated with The United States Office of Personnel Management or any government agency

Transporting FEHB

Transporting FEHB

What Could Prevent You From Carrying your FEHB coverage into Retirement?

Transporting FEHBThere might be some other conditions that prevent you from carrying your FEHB into retirement.  If something happens that prevents you from carrying your FEHB into retirement, your coverage will still be active for 31 days at no cost to you.  When that time expires, you either must drop the FEHB coverage, continue for a period of time or convert to an individual policy.

There is also a Temporary Continuation of Coverage (TCC), known as COBRA, which allows you to carry your coverage for 18 months.  You must, however, pay your cost, the agency cost and the 2%  administrative fee, totaling 102%.

There are so many changes that have taken place around Federal Employee Health Benefits (FEHB) that individuals who find there are circumstances that might prevent them from transporting FEHB into retirement, now have a number of choices to secure health coverage.

Military or Uniformed Services retirees may elect to cancel their FEHB during open season and opt for ChampVA Tricare or Tricare-For-Life These plans cover Medicare’s coinsurance, deductible and prescription drugs very much like the FEHB plan.

Be sure to check to see what your plan covers and if it allows transporting FEHB, opting always to choose the plan that offers the best benefit to you and your family.

 

P. S. Always Remember to Share What You Know.

 

You can always learn more about how FEHB and Medicare work together

Postal employees access your FEHB at LiteBlue.usps.gov

Contact Dianna Tafazoli

Search for Public Sector Retirement Expert.

Receive the Best advice.

PSR Experts can help you determine if Public Sector Retirement is right for you or if you should look for alternatives.

The Best Advice creates
the best results.

Recent Articles

More Articles by Dianna Tafazoli

Basic Employee Death Benefit: Applying for BEDB

Applying for Basic Employee Death Benefit If you are a federal or postal employee part of your discussion for putting...

Weekly Newsletter-NO BURIAL COVERAGE

~~Weekly Newsletter – DEATH WITHOUT BURIAL COVERAGE This weekly newsletter details a story of a death with no burial coverage....

BEDB – Other Details You Might Need To Know

Additional BEDB Information Many persons receiving survivor or BEDB death benefits will make address changes, bank account changes and other...

Search For Public Sector Retirement Expert

Receive the Best advice.

PSR Experts can help you determine if
Public Sector Retirement is right for you or if you should
look for alternatives.

The Best Advice creates

the best results.

Subscribe to our Newsletter

"*" indicates required fields

Our Readers Deserve The Best PSHB and USPS Health Benefits Guidance

Licensed insurance agents who understand PSHB, Medicare, and USPS Health Benefits Plan are encouraged to apply for a free listing.

This field is for validation purposes and should be left unchanged.

Book Phone Consultation

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Get In Touch

Stay up to date on the latest information about Public Sector Retirement.

The Best Advice Creates The Best