What options do Veterans have with MA?

[LostDollar]

HI Friends....

Newby question for the pros,

I've heard of Med B reimbursements plans available to veterans,--- but many VETS have already opted out of paying their Medicare premium and instead take the extra money.

• Lets say 'Sailor Joe' turned 65 in 2022,... can he now take the MA PLAN offering part B reimbursement?
• if so, is there a penalty AND will companies pay the MED B reimbursement anyway?

Your input is greatly appreciated...thanks

Law has nothing to do with it, nor does military service. If a person enrolls in an MAPD with a Part B Giveback, that giveback amount will be applied toward their Part B premium.

Thanks for your service.

OP appears to be asking if a veteran can enroll in a Part B giveback plan and receive its Part B giveback amount when they have chosen not to pay a Part B premium (presumably this means the veteran is not enrolled in Part B at all).

I thought this MA enrollment would not be allowed but I do not know what special rules might apply to veterans.

 

[LostDollar]

HI Friends....

Newby question for the pros,

I've heard of Med B reimbursements plans available to veterans,--- but many VETS have already opted out of paying their Medicare premium and instead take the extra money.

What are your grounds for the statement that many vets dont pay a medicare premium but receive a Part B reimbursement from a Medicare Plan.

 

[adjusterjack]

What are your grounds for the statement that many vets dont pay a medicare premium but receive a Part B reimbursement from a Medicare Plan.

Why are you challenging that statement? Many could mean a dozen or a million.

As a matter of fact, "as of 2022, more than 1.3 million veterans were enrolled in MA plans...'

https://www.healthaffairs.org/doi/10.1377/hlthaff.2024.00302

Does that take care of the "grounds" for you?

 

[Fisher]

OP appears to be asking if a veteran can enroll in a Part B giveback plan and receive its Part B giveback amount when they have chosen not to pay a Part B premium (presumably this means the veteran is not enrolled in Part B at all).

I thought this MA enrollment would not be allowed but I do not know what special rules might apply to veterans.

Why are you attributing my post as a response to the OP's question when it is clearly a response to Jack's post?

Context is everything.

 

[LostDollar]

Why are you challenging that statement? Many could mean a dozen or a million.

As a matter of fact, "as of 2022, more than 1.3 million veterans were enrolled in MA plans...'

https://www.healthaffairs.org/doi/10.1377/hlthaff.2024.00302

Does that take care of the "grounds" for you?

No.

OP is a P&C agent, adding MA sales to their business.

UNLESS Veterans have different rules for MA enrollment than other seniors, I don't believe OP fully understands the requirements for the purchase of an MA plan.

My question still stands:

@CJ Tibbs

What are your grounds for the statement that many vets dont pay a medicare premium but receive a Part B reimbursement from a Medicare Plan.

HI Friends....

Newby question for the pros,

I've heard of Med B reimbursements plans available to veterans,--- but many VETS have already opted out of paying their Medicare premium and instead take the extra money.

• Lets say 'Sailor Joe' turned 65 in 2022,... can he now take the MA PLAN offering part B reimbursement?
• if so, is there a penalty AND will companies pay the MED B reimbursement anyway?

Your input is greatly appreciated...thanks

 

[LostDollar]

Why are you attributing my post as a response to the OP's question when it is clearly a response to Jack's post?

Context is everything.

Your post was a response to an incorrect interpretation (by Jack) of OP's original question(s).

The rules about how an MA plan must pay a Part B giveback are completely irrelevant if one is not entitled to have an MAPD in the first place.

Jack leaped in with a response to OP that totally glossed over for the OP that Jack (as a veteran) already had both Medicare Parts A and B, and was paying a Medicare Part B premium, prior to his decision to add MA coverage to his VA health care options.

My post was another attempt to get OP to see the flaw in her thinking and her original post.

 

[goillini52]

OP is a P&C agent, adding MA sales to their business.

Where did you see that?

 

[GoPokes]

HI Friends....

Newby question for the pros,

I've heard of Med B reimbursements plans available to veterans,--- but many VETS have already opted out of paying their Medicare premium and instead take the extra money.

• Lets say 'Sailor Joe' turned 65 in 2022,... can he now take the MA PLAN offering part B reimbursement?
• if so, is there a penalty AND will companies pay the MED B reimbursement anyway?

Your input is greatly appreciated...thanks

Sailor Joe must get enrolled into Part B prior to enrolling into the MA with a Part B reimbursement. As Don mentioned, he would have to sign up for part B during the GEP.

My understanding is there would be a late enrollment penalty for the delayed Part B enrollment. However, he would not be subject to the penalty for Pat D, if he were to get an MAPD.

 

[LostDollar]

Sailor Joe must get enrolled into Part B prior to enrolling into the MA with a Part B reimbursement. As Don mentioned, he would have to sign up for part B during the GEP.

My understanding is there would be a late enrollment penalty for the delayed Part B enrollment. However, he would not be subject to the penalty for Pat D, if he were to get an MAPD.

Thanks for providing the info as an agent.

 

[LostDollar]

Where did you see that?

post history in another thread + inference from posts in this and other threads.

Maybe I should have said maybe adding MA sales to their business.

HI all,

I'm still doing PC but I have a MA question hoping someone can answer.

I know when someone turns 65, and an agent signs them up for MA, they get paid full commission. AND they also get a renewal commission.

• What happens when that same person turns 66 and you change them to another carrier ... does that Change count as a Brand New Signup (and you get the brand new commission amount)?

Thanks for your input...