PAY LESS. GET MORE! Big savings on the way. Federal retirees can get Medicare Part B for virtually FREE with MHBP. Save big with the MHBP Part B Premium Savings Program! If you are a retired federal employee who has or will soon enroll for Medicare, you may qualify to have MHBP reimburse your Medicare Part B premium, up to the standard amount — $104.90/mo. in 2013. For you and your covered spouse, Medicare Part B coverage could be virtually free. Simply enroll in the MHBP Standard Option health plan and the Part B Premium Savings Program to save over $1,250 a year per person or $2,500 a year per couple! Strengthen your federal health benefits by adding Medicare Part B. Why not get more coverage? After all, MHBP will help pay for it!
It Pays to Choose MHBP
Get in on the Deal
Here are a few good reasons to enroll in MHBP Standard Option with the Part B Premium Savings Program:
1. Enroll in MHBP Standard Option during Open Season (Nov. 11- Dec. 9): Use code 454 for Self Only coverage or 455 for Self and Family. Retirees may use Open Season Online or call Open Season Express at 1-800-332-9798 to enroll.
✔ You will have comprehensive health coverage that easily coordinates with Medicare. ✔ You can get Medicare Part B coverage at no cost to you (barring any late enrollment penalty). ✔ You will maximize your benefits by having both Federal Employees Health Benefits (FEHB) and Medicare coverage. ✔ You can avoid paying the late enrollment penalty by enrolling for Medicare when first eligible. ✔ You can mitigate the added premium cost Medicare imposes for high-income earners. ✔ You will have more certainty about your out-of-pocket expenses as a retiree on a fixed income.
2. Complete the MHBP Part B Premium Savings Program enrollment form, located on www.mhbp.com, and mail it to the address provided on the form. 3. Enroll for Medicare Parts A & B, if you don’t already have this coverage, as soon as you become eligible or during the general election period (January 1 – March 31 each year). 4. Notify MHBP once you have completed your Medicare enrollment. 5. Submit your reimbursement request* with your proof of premium payment.
MHBP Standard Option with the Part B Premium Savings Program offers you the best of all possibilities — the Medicare coverage you need paid for by MHBP and lower out-of-pocket costs. There’s also the cash back — just over $1,250 or $2,500 each year that’s returned to your budget.
Learn more! Call MHBP at 1-888-475-2622 or visit www.mhbp.com. *You will be eligible to begin to receiving your premium reimbursement after your Medicare and MHBP enrollments become effective. The effective dates can vary based on when you enroll for coverage (e.g., FEHB Open Season, qualifying life event, Medicare general enrollment period, initial Medicare enrollment, etc.). This is a summary of the Mail Handlers Benefit Plan Standard Option and Medicare. Before making a final decision, please read the official Plan brochure (RI 71-007). All benefits are subject to the definitions, limitations and exclusions set forth in the official Plan brochure. A single annual $42 associate membership fee makes all MHBP plans available to you. For more information about Medicare call 1-800-MEDICAR. © 2013 Coventry Health Care, Inc. All rights reserved.