Do I Need To Enroll in Medicare at Age 65?

In THis Video:

There can be a lot of confusion around enrolling in Medicare. Many of my clients believe they HAVE to enroll once they turn 65, but that is not necessarily the case. On this episode, I’m clearing things up by going over five questions you should ask before enrolling in Medicare at age 65.

THings to COnsider:

The first question anyone should ask themselves before enrolling in Medicare is: Do I already have credible coverage? If you work for a company with 20 or more employees that provides health insurance, that coverage will likely exempt you from enrolling in Medicare if you plan to work past 65. Those who retire, are self-employed, or work for a smaller company will need to enroll in Medicare at 65 or face a 10% penalty for every year they don’t enroll.

Key Points in This Episode:

0:00: Intro

2:07: #1 Do You Have Creditable Coverage?

3:11: #2 Are You Enrolled in a High-Deductible Health Plan?

3:57: #3 Which is Cheaper: Employer or Medicare?

5:49: #4 Is Your Spouse on Your Health Plan?

8:18: #5 Do it Make Sense to Enroll in Part A?