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Blue Cross Blue Shield (BCBS) is an association of insurance companies in the United States that offer Medicare Advantage in every state, Washington D.C., and Puerto Rico. Glossary of Medicare terms
Insurance plans for retirees can be incredibly costly and it often feels like there aren't a ton of choices. Senior citizens might find themselves constantly looking for a better deal, which is ...
Retirees can expect to pay an average of $165,500 in health insurance and medical expenses throughout retirement, according to a 2024 report from Fidelity. And that’s if you retire at 65. And ...
The Blue Cross Blue Shield Federal Employee Program (FEP) is a nationwide option under the Federal Employees Health Benefits Program (FEHB) for U.S. federal government employees and retirees, and has been part of FEHB since FEHB's inception in 1960. [18]
In 2010 about 250 plans participate in the program. [3] About 20 plans are nationwide or almost nationwide, such as the ones offered by some employee unions such as the National Association of Letter Carriers, by some employee associations such as GEHA, and by national insurance companies such as Aetna and the Blue Cross and Blue Shield Association on behalf of its member companies.
The system also provides retirees and eligible dependents with comprehensive health, prescription drug, dental, and vision benefits at a cost of $548.2 million, for the year ending September 30, 2017. [15] The Master Health Care Plan is a self-funded plan administered by Blue Cross Blue Shield of Michigan. [16]