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Medicare Enrollment Question

By Terry Savage on June 14, 2022 | Insurance & Annuities

Terry,

I am a 60 year old male and my wife is 68 years old. My wife is retiring from our local school district. She had her own health insurance from the school district. We planned to add her to my employer’s health insurance since her retirement counts as a ‘life-event’.

My wife is also in the process of signing up for Social Security and the SSA website seems to indicate that she may have to pay a penalty if she does not sign up for Medicare Part B within 8 months of being eligible for Medicare.

Our question is will she face a penalty if I add her to my current health plan from my employer?

If she has to sign up for Medicare Part B now and she is added to my current health plan through my employer we would expect Medicare to coordinate with my health insurance but we would essentially be paying two premiums.

We would appreciate your thoughts on this question!

Thank you in advance for your time and consideration!

Sincerely,

Terry Says

I don’t want to guess at all the details because part of this issue depends on the number of employees in your employer’s plan!
BUT I will suggest you go to www.65Incorporated.com and pay a small fee, and let the experts there guide you. Making a mistake now could impact you for the rest of your life. I trust Diane Omdahl fully to give you the correct guidance.

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