Im going to work beyond age 65 and my employer will continue providing health insurance. Should I accept Medicare Part B?
If there are 20 or more employees, your employer will have to offer you the same coverage provided to the under age 65 employees. If you take Medicare Part B, it will be the secondary payor and the residual benefit may not be worth the cost of Part B. It’s your decision. If you choose not to take Part B be sure to contact the Social Security Office as soon as you become aware that you will no longer be eligible for your employer’s coverage. If you wait until a later time to enroll in Part B you’ll be penalized a 10% increase in your Part B premium for every year you could have taken it and didn’t.
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- Im going to work beyond age 65 and my employer will continue providing health insurance. Should I accept Medicare Part B?
- I’m going to work beyond age 65 and my employer will continue providing health insurance. Should I accept Medicare Part B?
