People With Medicare
I have a Federal Employee Health Benefits Plan—FEHBP.
If you are retired from the Federal government, you probably have Medicare Part A and a Federal Employee Health Benefits Plan (or FEHBP) that includes prescription drug coverage. Generally, this drug coverage is considered to be as good as Medicare’s coverage. You should call your plan’s benefits administrator to find out more about your current drug coverage before you make any changes.
The section on Employer/Union Insurance applies to you.
If you lose your FEHBP coverage and you join a Medicare drug plan now, you probably will not have to pay a penalty—if you join a Medicare drug plan within 63 days of losing your FEHBP coverage.
The material on the Medicare.gov site may make more sense if you read this information first:
Find and compare specific plans on the Medicare site. Enroll in a plan when you are ready.
Find out if you qualify for Extra Help with Costs