Q & A
How do I enroll in Medicare when working past 65?
Full Question: I’m 69, retiring from my job soon and never enrolled in Part B because I was working with great company benefits. I don’t want to make a mistake and am not sure what I need to do. Can you advise me of the steps I need to take to prepare for this life changing transition.
Answer: Before you leave your job and group health plan, I advise my clients to apply for Part B for your Medicare benefits to begin when you leave your job. On page 22 of the 2014 Medicare and You handbook it states that you will have 8 months to enroll in Medicare Part B without receiving a Part B penalty once your employment or health coverage ends. Most do not realize that if you choose this option that you will have none of the benefits that Medicare Part B (medical) provides. Read more…
Source: Toni King, author of the new Medicare Survival Guide, via yourhoustonnews.com - 8/27/2014
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