Posted on Friday, 22nd August 2014 by Dennis Damp
If you know of someone approaching age 65 or younger and signing up for Medicare send them a link to this article. It provides the information that federal employees and retirees need to consider before they sign up. If you are already collecting Social Security benefits you will be automatically signed up for Medicare three […]
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Posted on Friday, 20th June 2014 by Dennis Damp
My last column discussed Basic FEGLI coverage and how to evaluate your insurance needs. This article will discuss options A, B, and C and part 3 of this series will discuss changes you may wish to make with certain life events. If you are approaching retirement print these articles to help you decide on options when […]
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| Comments (0)Posted on Friday, 9th May 2014 by Dennis Damp
Turning 65 often proves to be a pivotal year for retirees. I’ll be 65 next month and discovered many tasks await us at this juncture in our lives. There are many things to consider and first and foremost I’m grateful that I made it to this milestone; many don’t, including my parents and grandparents on […]
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Posted on Friday, 25th April 2014 by Dennis Damp
Updated 2/20/2024 My Aunt Pauline and Uncle Jack preplanned their final arrangements in their early 50s. Uncle Jack had several major heart attacks in his mid 40s and thought for sure he would be the first one to go. He lived to 81 and my aunt passed away a year before he died. They purchased […]
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Posted on Wednesday, 9th April 2014 by Dennis Damp
Updated 2/20/2024 The first part of this series discusses how to ensure your heirs receive what you intended and Social Security’s death and survivor benefits. Part 2 will discuss pre-planning steps that will assist the surviving spouse and children navigate the many challenges that arise when a loved one dies. The subject matter may seem […]
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Posted on Thursday, 20th February 2014 by Dennis Damp
(Updated 12/15/2024) What prompted this article was an email from Holly, a federal retiree, who recently moved to Arizona. She had been calling OPM, trying to change her health care plan, for almost 2 months without success because the FEHB plan she had didn’t offer services at her new location. The one time she did […]
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Posted on Thursday, 30th January 2014 by Dennis Damp
The Medicare and FEHB impact series has generated a lot of interest, comments, and questions that deserve additional attention. One reader commented that the following quote is true for Blue Cross & Blue Shield (BCBS) Standard but not true for BCBS basic. The last article stated that “once Medicare is the primary payer, you can […]
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Posted on Thursday, 16th January 2014 by Dennis Damp
My last article titled What to Consider Before Enrolling in Medicare B, part 2 of this 3 part series, helped you understand Part B and how it impacts your FEHB benefits and costs. This final article of the series discusses whether a lower cost plan would provide you acceptable coverage at a lower overall cost. […]
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