If you will have Retiree, FEHB or TRICARE for Life as a secondary health insurance plan after age 65, and also enroll in Medicare Part B, we recommend the following:
Step 1: Go to MyPlan > Expenses and Health Care > Medicare
Step 2: Press the Itemize tab and enter your costs for Medicare Part B, FEHB and any other expenses you'd like to account for.
This approach aligns with Boldin's methodology, where switching to itemized costs provides an opportunity to reflect more personalized expense details and eliminate reliance on generalized cost estimates, allowing for greater precision in managing costs and managing changes with flexible start and stop dates for healthcare expenses.
If you will NOT enroll in Medicare Part B, use the Employer Coverage feature.
See our Get Started Series for more information.