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MichMan

(16,925 posts)

39. Is the employer also covering the part B premium?

Reply to Demsrule86 (Reply #22)

Fri Dec 9, 2022, 08:26 AM

Dec 2022

I just signed up for a MA plan and still have to pay my Medicare part B premium.

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New Report Examines Shift to Medicare Advantage by Large Employers that Offer Retiree Health Benefit [View all] Yo_Mama_Been_Loggin Dec 2022 OP

The Math Makes Sense To Me ProfessorGAC Dec 2022 #1

My previous employer is one that went to MA after my retirement. It is a PPO and I can walkingman Dec 2022 #2

Hmmm.. after this year, my employer is only offering Advantage Plans Deuxcents Dec 2022 #4

Wht not just decline your employer insurance completely then ? MichMan Dec 2022 #6

They pay for it or part of it...you want to turn down money? Demsrule86 Dec 2022 #22

That is my case also - a good plan at basically no cost and a very low out-of-pocket walkingman Dec 2022 #27

Is the employer also covering the part B premium? MichMan Dec 2022 #39

To simply answer your question - because it is cheaper to the company. walkingman Dec 2022 #29

Been through a similar issue with a parent Raven123 Dec 2022 #5

I don't know about that particular circumstance - Ms. Toad Dec 2022 #18

IBM just did this. And they cut the retiree 'benefit' from $3,000 to $1,300 a year. sinkingfeeling Dec 2022 #3

my former employer just did a bait and switch on retirees...they are pissed, filing lawsuit BlueWaveNeverEnd Dec 2022 #28

Perhaps I am clueless but why are employers involved in a retirees choice to use MA or OM? honest.abe Dec 2022 #7

Medicare only covers 80% of the covered costs. LiberalFighter Dec 2022 #8

If you are retired there is no employer. honest.abe Dec 2022 #9

That is why I stated you or your employer's plan. LiberalFighter Dec 2022 #10

I didnt realize that was an option. honest.abe Dec 2022 #11

I'm not sure of your question. LiberalFighter Dec 2022 #19

I think I get it now. Edhopper below explained it. honest.abe Dec 2022 #20

Some rmployers edhopper Dec 2022 #12

Yeah, I get it now. I just didnt realize that was an option. honest.abe Dec 2022 #13

Well edhopper Dec 2022 #14

So its like a benefit to previous employees. honest.abe Dec 2022 #15

You would still have Medicare edhopper Dec 2022 #16

I think I am going to get "gap coverage" from a insurance company. honest.abe Dec 2022 #17

That's close to correct. Ms. Toad Dec 2022 #21

Im not going to fully retire until Im 70 so I still have few years to sort this out. honest.abe Dec 2022 #23

You'll still have to pay the deductible, Ms. Toad Dec 2022 #30

Im still on my employers medical plan so I dont need to do anything at the moment... honest.abe Dec 2022 #31

Yup - my spouse was the same. Ms. Toad Dec 2022 #35

Interesting. Yes, I will check into it. honest.abe Dec 2022 #36

It IS confusing n imo, they like it that way Deuxcents Dec 2022 #25

Yep.. seems to be intentionally confusing. honest.abe Dec 2022 #32

There is a nonprofit group edhopper Dec 2022 #38

They are only involved if it was part of your retirement plan. LiberalFighter Dec 2022 #26

I actually dont know if my current employer provides retirement insurance plans. honest.abe Dec 2022 #33

Just to add to what others mentioned BumRushDaShow Dec 2022 #37

They offer paid retirement insurance...which is a good thing. Demsrule86 Dec 2022 #24

Yeah I get it now. honest.abe Dec 2022 #34