Should I Purchase a Standalone FEDVIP Dental or Vision Plan? Although sometimes I look at GEHA high option. Also, MHBP passes $1690/year through into your HSA vs… Government news What you should do, regardless, is at least be aware of the dollar costs or gains of whatever decision you reach. A third option is to enroll simultaneously in a UnitedHealthcare or Kaiser FEHB plan and these carriers’ “Senior Advantage” or “Retiree Advantage” option that pays most or all of the Part B premium while dramatically lowering or even eliminating your cost-sharing for medical expenses, while providing low-cost prescription drug benefits as well. Why are you looking at BCBS standard vs basic? They have a few plan options, including Self Only, Self Plus One, … This subreddit is for sharing news and information regarding the inner workings of the US Federal Government for Federal Employees. Q. I’m about to retire at age 66 and will lose my employee health plan. Taking into account dollar costs only, there are five good sets of options. I feel like I've received about the same medical coverage from both. … I have Aetna Max Choice Gold with a high deductible. OPM announced that federal employees and retirees will pay — on average — 4.9% more towards their share of health insurance premiums in 2021. MHBP vs Blue Cross Standard. If you're healthy, one of the HDHP is probably better due to the HSA (look it up, it's like a super retirement account... it's awesome). A second option is to enroll in one of the few low-premium plans that contributes a substantial amount toward your Medicare premium, such as Aetna Direct CDHP or Blue Cross Basic. All of these options and the plans that save the most money within each option vary in details that you can only assess after studying the brochure of several plans. Aetna greatly outdoes BCBS … BCBS is probably the best option locally but they'll need to be careful about which coverage level it is with BCBS as the networks do vary a lot between the HMO/Open Access (POS) plans <- … But all prescriptions and non … All Rights Reserved. However, I've had BSBC Basic and FEP Blue Focus. Connected Meter: Automatically uploads your blood glucose readings to your secure online account and provides real-time, personalized tips. Learn about the differences between the standard types of health insurance plans: HMO, EPO, POS, PPO and HDHP with HSA. BCBS is comprised of dozens of smaller independent health insurance companies that pay a licensing fee to use the Blue Cross & Blue Shield … Plans that we rate as very good buys are Aetna Direct Consumer Driven, MHBP High Deductible, APWU Consumer Driven, Blue Cross Basic, GEHA Standard, NALC Hi, NALC … Not … I have used mail handlers for 3 years. How Much Money Can I Save by Switching FEHB Plans? Hiring Excellence. For those who pay the higher part B income-tested premiums, this is a very considerable cost, at least $700 a year extra, and for some almost $6,000 extra to join Part B, depending on exact income level. Should Federal Annuitants Enroll in Medicare Part B after Age 65? But I never really paid attention to it. Aetna Medicare is a HMO, PPO plan with a Medicare contract. Is there a reason why you would not go with them? Blue Cross/Blue Shield’s standard option remains the most popular FEHBP plan with retirees, with more than 930,000 retiree enrollments as of March 2018. Enrollment in our plans depends on contract renewal. The first option is to enroll in a Medicare Advantage plan and suspend FEHB enrollment. As a fourth choice, you can enroll in a relatively low-premium plan like Aetna Direct, Blue Cross FEP Blue Focus, Blue Cross Basic, CareFirst Blue Value Plus, GEHA Elevate Plus, or either … We ended up going with MHBP also. The Blue Cross and Blue Shield Service Benefit Plan is the number one choice of federal retirees in the Federal Employees Health Benefits Program. We show the extra cost of enrolling in both an FEHB plan and Medicare Part B and show which plans are likely to cost you the least or save you the most by enrolling in Part B. In both CDHP and HDHP plans your special account will pay towards the Part B premium (or in the Aetna Direct plan for drug or dental costs not otherwise covered), and you also get a Medicare wraparound. On the minus side there is one large factor—paying two costly sets of premiums instead of one. So, there is no simple “one size fits all” answer. See Evidence of Coverage for a complete description of plan benefits, … The Mail Handlers Benefit Plan (MHBP) has been around for federal and postal employees for over 50 years. In-network you pay; Out-of-network you pay: Calendar year deductible: Self Only $450: $1,000: Self Plus One: $800: $2,000: Self and Family: $800: $2,000: Annual out-of-pocket maximum (both … Sucks, because my daughter's doctor's office doesn't take it. Why enroll in the Diabetes Management Program. Aetna: Best for Employer-Based Plans. Several HDHP plans give you an equivalent value through their Health Reimbursement Account. I think I'm going to try MHBP out just to see. All of them can provide most annuitants substantial annual savings. We're looking at Blue Cross standard not basic. Many federal … GEHA was my second choice, but I went with MHBP mainly because it was slightly better cost wise (more passthru) and we didn't need the vision or dental. They do, however, usually have separate medical and drug limits on what you may have to spend out-of-pocket; limits that together are usually a few thousand dollars higher than those in FEHB plans. I came down to both BCBS and MHBP too and need to make my final decision. You and your spouse first needs to get On the FEHB … About Walt Francis & Consumers' Checkbook. I have MHBP HDHP and am perfectly fine with it, I had BCBS before but really didn't feel it was worth the cost for me. Likewise, the Blue Cross Basic plan provides both a wraparound benefit and a $800 yearly reimbursement account for each spouse with Part B, and GEHA High has a $600 … The GEHA HDHP is also a good plan, with the basic dental/vision included if you need those. But it’s also one of … Aetna has an excellent reputation and is one of the … BCBS / Standard $217.06 $501.17 MHBP Value Plan $128.16 $303.65 BCBS / Basic $148.38 $348.29 MHBP Standard $151.63 383.00 GEHA High Option $217.43 $496.51 MHBP HDHP … Aetna vs. BCBS Network Size. The good thing is that Aetna is accepted most places. Their customer service is great and I have never had any problems with them. Fed news We present the plans in national and local groups, and within each list the plans in order of the lowest cost for self only enrollment in both FEHB and Part B. If you do, TFL will be the sole … All three are good options IMO, just depends on your specific situation and needs. Aetna Direct℠ is unlike any other federal health plan you’ve seen. GAO said since 2000, Blue Cross Blue Shield has become a behemoth in the federal employee insurance market. They have an FEHB Medicare Advantage Plan that is a PPO. We rate MHBP HDHP and CareFirst HDHP as particularly good buys. By now, you should realize that you have many options, each with advantages and disadvantages. As a fourth choice, you can enroll in a relatively low-premium plan like Aetna Direct, Blue Cross FEP Blue Focus, Blue Cross Basic, CareFirst Blue Value Plus, GEHA Elevate Plus, or either CareFirst or MHBP HDHP, along with Part B, and get a rich Medicare wraparound benefit or simply the ability to use Medicare to go outside the plan’s network should you choose to do so. So after doing tons and tons and tons of research I have narrowed it down to mostly these two. Government employee, Press J to jump to the feed. Although sometimes I look at GEHA … I can't comment on MHBP but I've had both GEHA HDHP and Blue Cross Standard. I could sign up for Medicare Part B but I’m not sure I need it because my husband is a retired federal … Of course, there are always cases where even the most expensive combination provides a benefit essential to you. What you should generally not do is stay in a high premium FEHB plan to get the Part B wraparound benefit when you can join a less costly FEHB plan with an equally good wraparound benefit. blue cross and blue shield service benef--self only: 01/01/2002 present 105: blue cross and blue shield service benef--self and family: 01/01/2002 present 106: blue cross and blue shield service benef --self plus one: 01/01/2016 present 111: blue cross and blue shield … It’s not Medicare, but it works seamlessly with Medicare. CareFirst HDHP (a D.C. area Blue Cross Plan), Kaiser Basic and Standard (also D.C. area), MHBP HDHP, Aetna Direct, and Blue Cross Basic and FEP Blue Focus really stand out for … A final cost-saving choice is to bypass Medicare Part B enrollment, and simply enroll in a FEHB plan with good benefits and low premiums such as Aetna Direct, Blue Cross FEP Blue Focus, GEHA Elevate, Kaiser Basic, or most HDHP and CDHP plans and some other HMOs. This is the simplest option and second only to the new Kaiser and United Medicare Advantage plans with full premium rebates as the least expensive choice for most. Keep in mind I'm a disabled vet, so the VA covers most of my needs and the insurance is more for the family than it is for me personally. They're slightly more expensive and have higher deductible, but their copay is better if you should need hospitalization ($75/day capped at $750, I believe, vs. 10 or 20% for the other HDHP options). Can Annuitants Save Money by Enrolling in FEHB Self Plus One? Blue Cross/Blue Shield will continue to be the primary payer and Tricare for Life the secondary payer unless you suspend your BC/BS coverage. I hate all this agonizing but I just have to do whatever I can to have better insurance than Kaiser. This has all been very helpful. This is the lowest-cost option for many. I know that growing up with my mom who was a teacher for DODDS, We had mail handlers. Because we end up with an emergency room visit at least once per year due to my husband's high blood pressure and heart issues. FEP Blue Focus this year and ended up having to go to the hospital -_-, wish I had stuck with the Basic for this year if I knew I was going to be hospitalized, but we live and we learn. The one major difference between Aetna and Blue Cross Blue Shield is that BCBS is not a nationwide company in the technical sense of the word. That means that I don't have to track and manage 3 different policies. Blue Cross and Blue Shield Service Benefit Plan (Basic) - In-Network 1 GEHA Benefit Plan (HDHP) - In-Network 1 GEHA Benefit Plan (HDHP) - Out-of-Network MHBP Consumer Option (HDHP) - … What Federal Annuitants Need to Know About the FEHB Program and Income Related Part B Premiums, New Medicare Advantage and FEHB Cost-Saving Options, What Federal Annuitants Need to Know About the FEHB Program and Medicare Advantage, What Federal Annuitants Need to Know About the FEHB Program and Medicare Part D. Copyright © Center for the Study of Services. And differences in prescription drug formularies or cost sharing can make a seemingly more expensive option actually a less expensive option. I have done so much research and can't find a downside to them. Should Federal Annuitants Stay Enrolled in the FEHB program after Age 65? And she's not here for me to ask. Press question mark to learn the rest of the keyboard shortcuts. I have had basic since day 1 and been very happy, but when I compare standard doesn't seem like a big improvement for more premium, but, that's my situation! So anyway I'm wondering if anyone has any good or bad stories about mail handlers? These are sometimes the plans that offer the best premium reimbursements, and sometimes not. Yes it does. Many annuitants change to a lower cost FEHB plan because most plans waive the majority of the deductibles, copayments, and coinsurance payments when you sign up for Medicare Part A & B.. One of our newsletter subscribers contacted me about the change to Blue Cross Blue Shield … If your medical costs are close to zero in a number of plans, in or out of network, why pay a higher rather than lower premium? Federal employment Are you a Federal Employee or contractor? Please try again later. So after doing tons and tons and tons of research I have narrowed it down to mostly these two. And because my daughter has been having to go into the psych hospital a few times already this year so we need to factor that into costs. Original review: Nov. 14, 2020. Then see how people like you choose a plan that fits their needs. Looks like the advantage of the MHBP plan is that you pay a flat fee for office visits ($15) vs … How can Checkbook's Guide to Health Plans for Federal Employees help me? I like having that HSA to max out each year. Nationwide Blue Cross and Blue Shield Service Benefit Plan Basic Self 111 294.90 294.90 221.18 73.72 0.00 638.95 638.95 479.21 159.74 0.00 Basic Self & Family 112 702.56 702.56 525.32 … The MHBP provides $1800 (vs $1500 on the GEHA) as a pass through, but is offset by having a ~$500 higher premium for the year (and a higher deductible, higher out of pocket maximum). Blue Cross is an incredible quality plan, but I’ve looking into three specific HDHP HSA accounts applicable to my area code: MHBP Consumer Option HDHP (Medical Account … Federal employee The company was the largest carrier in 93 percent of … I really like that GEHA includes basic dental and vision with their HDHP. I strongly prefer GEHA. This article compares the BCBS Focus plan to the GEHA Standard plan. Hi. OPM is currently leading Hiring the Best Talent efforts to identify issues or challenges in Federal employment. Dental and vision rates charts … With Aetna Direct you can get unmatched money saving features – … If you choose an FEHB plan like UnitedHealthcare . Don't know anything about MHSP but agree Kaiser sucks. Plus, I don't have to pay for separate dental and vision policies. If you think you'll need to use the doctor more often, BCBS is probably better. Throughout our advice we have highlighted specific advantages and disadvantages of enrolling in Medicare Part B in addition to your FEHB enrollment. What Federal Annuitants Need to Know About the FEHB Program Without Medicare Part B, What Federal Annuitants Need to Know About the FEHB Program and Medicare Part A or Parts A and B. Differences Between Aetna and Blue Cross Blue Shield. All of which which makes GEHA the better plan and more affordable option in my opinion. Network A huge difference between Aetna and Blue Cross Blue Shield is the network size and range. Blue Cross Blue Shield (BCBS) is offering a new lower cost fee-for-Service Focus Plan in 2019. And it is hard to beat NALC, APWU, and Aetna Direct CDHP plans, or GEHA Standard, GEHA HDHP, Aetna HealthFund HDHP, or Foreign Service among national plans. 1. Wow I've been facing this same exact question. For nearly 60 years, we’ve been covering … What Federal Annuitants Need to Know About the FEHB Program and Medicare, What Federal Annuitants Need to Know About Medicare and Preferred Providers, How Annuitants Can Save Money by Choosing Self Only FEHB Enrollment. Hi. Thank you! Some plans cost very little extra for Part B, taking into account both premium and enhanced benefits. Many MA plans have benefits as good as many FEHB plans and charge nothing beyond the regular Part B premium. They have really reasonable rates. Sorry, we can not generate the url now. On the plus side there are several factors, including avoiding network restrictions, better coverage for a few services, and having the option to join Medicare Advantage plans and paying only one premium without losing FEHB eligibility. Thanks in advance. Finally, GEHA allows me to have a HSA and gives me $900 in thw account. Are sometimes the plans that offer the Best Talent efforts to identify issues or in. 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