Hello,
I will be turning 65 later this year. DW will turn 65 in April 2026.
We've been on her previous employer's provided BCBS 80/20 plan since she retired from the Federal Reserve Bank in 2016. The premiums and deductibles are very reasonable. But the time is coming to get off.
The FRB offers the over 65 retires and spouses UHC Group Medicare Advantage PPO and prescription drug plan.
There is a lot of info about advantage plans and the downside but does a plan like this fall into the same category. The FRB has always offered great benefits.
Here are some particulars:
The cost is $77 per month for each of us.
Any help and advise would be greatly appreciated!
I will be turning 65 later this year. DW will turn 65 in April 2026.
We've been on her previous employer's provided BCBS 80/20 plan since she retired from the Federal Reserve Bank in 2016. The premiums and deductibles are very reasonable. But the time is coming to get off.
The FRB offers the over 65 retires and spouses UHC Group Medicare Advantage PPO and prescription drug plan.
There is a lot of info about advantage plans and the downside but does a plan like this fall into the same category. The FRB has always offered great benefits.
Here are some particulars:
The cost is $77 per month for each of us.
Annual medical deductible | $0 |
---|---|
Annual out-of-pocket maximum | $1, 000 |
Office and clinic visits | $15 copay |
Hospital services (inpatient) | $100 copay |
Hospital services (outpatient) | $50 copay |
Prescription drug coverage | Tier 1: $7 copay Tier 2: 30% coinsurance up to a max $45 Tier 3 & 4: 30% coinsurance up to a max $50 |
Any help and advise would be greatly appreciated!