Why should patients take Medicare if they have EGHP coverage?
Patients need to know when considering whether to sign up for Medicare: • Having Medicare protects a patient’s rights to get COBRA if any event occurs that requires a company to offer it. • Having Medicare protects the patient’s rights to coverage for immunosuppressant medications after a transplant. If the patient doesn’t have or sign up for Medicare to start the month of the transplant, he or she will never have Medicare coverage for these drugs, under current Medicare rules. • If a patient signs up for Medicare Part A and waives Part B due to good EGHP coverage, the Part B premium will be higher once the patient signs up, and there could be a coverage gap. After the initial enrollment period, people can only sign up for Medicare during the general enrollment period each year (January through March). The only ways to avoid the premium penalty and limited enrollment are to: • Waive both Part A and Part B when first offered Medicare; • Disenroll from Medicare A and repay Medicare any c
Related Questions
- What form do we use for non-Medicare patients on a maintenance program (for example, the agreement not to use Medicare coverage)?
- How do the new CMT codes affect the current Medicare coverage policy for chiropractic services?
- Why should clinics encourage patients to work and/or keep their EGHP coverage?
