Medicare Part B and Tricare for Life

Since 11-11-05

Veteran's Day 2005

From: Waspscpo@aol.com [mailto:Waspscpo@aol.com]
Sent: Thursday, November 10, 2005 8:22 AM
To: undisclosed-recipients:
Subject: Medicare Part B and Tricare for Life

On 10 November 2005 BGEN Bob Clements, USAF, ret writes:

Subj: Medicare Part B and Tricare for Life
Date: 11/10/2005 1:51:25 AM Eastern Standard Time
From: p38bob@deepwell.com Sent from the Internet (Details)

Members of the retiree community entitled to Medicare Part A and who also have group health plan coverage based on their current employment should note that they do not need to enroll in Medicare Part B, although they may do so while they are employed and covered under their group health plan.

However, if the beneficiary chooses not to enroll in Medicare Part B, he or she will not be able to receive Tricare benefits until enrolled in Part B. Tricare will not act as a second payer.

They may also enroll in Part B, without penalty, during the eight-month period following the month their employments ends or the group health plan coverage ends, whichever occurs first.

Coverage under Tricare for Life is effective with the Part B entitlement date. Those enrolling in Part B AFTER the eight month period following the end of employment or end of the group health plan coverage, would be subject to the Medicare Part B penalty. Currently that is 10 percent of the premium, increasing by 10 percent each year.

There is a difference between promises made and promises not kept. The difference boils down to integrity or lack of integrity.