‘Unretiring'? Here's How to Handle Your Medicare Coverage If You Return to the Workforce

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Retirees on Medicare who are heading back to the workforce may discover they have choices when it comes to their health care coverage.

If you do want to use the employer health plan, you could drop Part B and save on those premiums. Be sure to confirm that your employer plan would be considered creditable coverage for Part D. Your insurance company should provide you with that information.

Once you stop working, you get an eight-month window to enroll or re-enroll in Part B. You could face a late-enrollment penalty if you miss it. For each full year that you should have been enrolled but were not, you'll pay 10% of the monthly Part B standard premium. Likewise, if you want an Advantage Plan, you only get two months from when your work coverage ends to sign up for one. If you miss that, you'd have to wait until the next enrollment period.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 569. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

11 AI-Powered Tools For Business | HackerNoon'11 AI-Powered Tools For Business' aiapplications businessintelligencetools
Source: hackernoon - 🏆 532. / 51 Read more »

‘All American: Homecoming’ season 1, episode 12 (05/16/22): How to watch, livestream, time, date, channelHere’s how you can watch the sister series to “All American.'
Source: PennLive - 🏆 463. / 53 Read more »

Elon Musk sends poop emoji to Twitter CEO in response to thread on spam, fake accountsElon Musk sends bizarre emoji to Twitter CEO in response to thread on spam, fake accounts A turd emoji is all that was needed. The Musker! It's about 30%. Web-cam girls which I think are bots. And foreign gangs looking to scam you. Which I don't think qualify as customers for your advertisers. 💩 LMFAO!!!!!
Source: FoxNews - 🏆 9. / 87 Read more »

2024 Chevrolet Equinox EV teased in LT trimHere's what the Chevy Equinox EV will look like in LT trim. That interior looks surprisingly good!
Source: therealautoblog - 🏆 528. / 51 Read more »

'Missing' investigates cases of missing people in Tri-State who never got the coverage they deservedEyewitness News' series, 'Missing,' focuses on missing people around the Tri-State area who never got the coverage they deserved. Every single victim and every single family deserves justice - and that's the mission of this series.
Source: ABC7NY - 🏆 592. / 51 Read more »

Priest calls out NPR's abortion coverage for leaving out pro-life voicesA pro-life liberal priest called out NPR for their abortion coverage, saying they excluded pro-life voices even though abortion had been a heavily-covered topic in light of the Supreme Court leak of Roe v. Wade. BAN ABORTIONS ARE UNGODLY SACRIFICES ARE UNLAWFUL DIS GRACE TO GOD & 10 COMMANDMENTS . THOU SHALT NOT KILL FETAL LIFE WITH ABORTION PILLS. ABORTION IS A CRIME JUST ANY SHOOTING SPREE A KILLING CRIME . If snakes could speak English they would sound like Chuck Schumer
Source: FoxNews - 🏆 9. / 87 Read more »