BlueCross BlueShield Federal Employee Program (FEP) outlines a significant benefit for active Basic Option members who are enrolled in both Medicare Part A and B. This Medicare Reimbursement Account (MRA) feature, which reimburses up to $800 per calendar year for Medicare Part B premium payments, is a valuable benefit, especially for federal employees or retirees managing healthcare costs in conjunction with Medicare. Nothing wrong with a little reimbursement is there?
Blue Cross Blue Shield Medicare Reimbursement Information
Click here for Blue Cross Blue Shield Medicare Reimbursement Information: https://www.fepblue.org/-/media/FEPBlue-Sitecore-10-Media/PDFs/Brochures/508_FEI2333471_2023MRA_QRG_RL.pdf
$800 for Medicare Part B premiums
Each eligible member on a contract can receive their own $800 benefit, indicating that if multiple members under the same contract are enrolled in Medicare Part A and B, each can be reimbursed up to $800 for their Part B premiums. This is particularly beneficial for families or couples where more than one person is eligible.
To take advantage of this benefit, members likely need to provide proof of their Medicare Part B premium payments. This could involve submitting Medicare Part B payment statements or proof of deduction from Social Security benefits, depending on how premiums are paid.
BlueCross BlueShield FEP Medicare Reimbursement Account benefit.
Given the specifics of health plan benefits can change and vary by individual circumstances, it’s crucial for members to review their plan documents or contact BlueCross BlueShield FEP directly for the most current information and guidance on how to apply for the Medicare Reimbursement Account benefit. This ensures they understand the eligibility criteria, the reimbursement process, and any deadlines or documentation required to receive the reimbursement.
