Medicare Reimbursement Account-Blue Cross and Blue Shield's Federal Employee Program

Medicare Reimbursement Account

Starting January 2018, Basic Option members with Medicare Part A and B can receive up to a $600 Medicare reimbursement account.

As a Basic Option member enrolled in Medicare Part A and B, you are eligible to be reimbursed up to $600 per calendar year for your Medicare Part B premium payments. You must submit proof of premium payments via fax, mail or upload. Upon approval, you will receive reimbursement via direct deposit to your bank account, tax free.

How does it work?

  1. Beginning in January 2018, register for your Medicare Reimbursement Account.

  2. Provide proof that you have paid a Medicare Part B premium via:
    • Fax
    • Mail
    • Upload through WageWorks EZ® Receipts App
    • Upload online. Link will be available Jan. 1, 2018.

    Examples of proof include:
    • Social Security Cost of Living Adjustment (COLA) Statement
    • Cancelled check*
    • A copy of a credit card statement*
    • A copy of a bank statement*

  3. Most claims will be reviewed within one to two business days after they have been received. Reimbursement funds will be deposited into your bank account shortly thereafter.

    If you prefer to submit a paper claim by fax or mail, download a claim form and follow the instructions on the form.

*Submit the bill for Part B Premium payment, along with either a bank statement, credit card statement or cancelled check that matches the amount on the bill for Part B premium.