Do I have to sign up for Medicare Part B?

Did you know?

🟢 Medicare part B is not mandatory!
🟢 But, you have to have part B to get part A!

Medicare Part B is a voluntary program that provides outpatient medical insurance for individuals who are 65 years or older. Here are some key points regarding Medicare Part B and its relationship with the Office of Personnel Management (OPM):

• Premium: The standard premium for Medicare Part B in 2025 is $185 per month for individuals with Modified Adjusted Gross Income (MAGI) below $106,000.

• Coordination with FEHB: If you are enrolled in a Federal Employees Health Benefits (FEHB) plan, you can choose to enroll in Medicare Part B. Your FEHB premiums will remain the same, and you may have some advantages, such as coverage for out-of-pocket expenses.

• Special Enrollment Period: You may qualify for a Special Enrollment Period (SEP) if you are covered by health insurance through your or a spouse’s current employment. This allows you to enroll in Medicare Part B without penalties.

• Enrollment: You can enroll in Medicare Part B during the Special Enrollment Period (SEP) when you stop working or are no longer covered by your employer’s health plan. It is advisable to enroll during this time to avoid late enrollment penalties.

  
  For more detailed information, you can visit the OPM website here: Healthcare & Insurance : Healthcare - OPM.gov
  
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