Seniors 65 and still on ACA plan need to enroll in Medicare
It may come as a surprise to some 65 year old seniors, but if you’re still on a subsidized ACA (Obamacare) plan you need to switch and enroll in Medicare Part B. And you only have until the end of September to do it, otherwise you’ll be looking at a lifetime of late enrollment penalties. Because ACA marketplace plans don’t cover you once you’re eligible for Medicare, earlier this year Medicare offered a temporary waiver to those unknowingly affected, but the waiver offer expires on September 30th. This has prompted some advocacy groups to request the waiver be extended until December 31st because many seniors are still unaware that they must switch from their ACA plan to Medicare once they reach 65 years of age. This NPR article by Susan Jaffe explains that seniors who mistakenly stuck with Obamacare need more time to switch to Medicare. Click here to read more.
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