If you are eligible for Medicare and working for an employer that offers health insurance, the company can’t generally exclude you legally. Even if that’s the case, you may actually get more coverage through Medicare. And, if you don’t let Medicare know you have what it calls “credible coverage” by filling out the information on the back of the application form and submitting it, you may face a financial penalty when you do eventually need Medicare.
Even if you work for a large employer, you may decide to make Medicare your backup provider and pay for Part B, a Medicare Supplement Insurance Plan or a Medicare Advantage Plan. That’s because these plans are much more generous than many private health care plans.
Since not all plans are available in every state, you can run our instant quotes to see what plans you have access to, or contact us for a free consultation. Here’s something not many people realize: you have a 30-day “free look” period to decide whether you like a Medigap Plan. If you’re thinking about switching plans, you may want to pay premiums on both your old plan and new plan for one month. That way, you can switch back with no hassle, and just cancel the one you like least.
Of course, we’re ready to help you compare Medigap Plans and Medicare Advantage Plans so you understand your coverage options before you apply. We even host live teleseminars where you can call in and ask questions. You can sign up for that, at no charge, right here on our website.
Jim McFadden has over 11 years of executive-level experience in the health insurance industry, is a youth baseball, softball and football coach, and has one of the worst fantasy football records in the world.