Medicare Supplement coverage for retiring members is secondary medical coverage that supplements Medicare Parts A and B. It is offered to eligible members at retirement.
Medicare Supplement coverage provides benefits for a wide range of medically necessary services and supplies beyond what Medicare pays, and some expenses that Medicare doesn’t cover at all.
You pay a monthly subscription rate, or premium, for each eligible person enrolled in Medicare Supplement coverage, up to two premiums.
If you are eligible when you retire, you may enroll in Medicare Supplement coverage or postpone enrollment until a later time by waiving coverage.
You must meet a continuous coverage requirement to postpone enrollment in Medicare Supplement coverage until later.