Medicare & Employer Health Insurance If you’re covered in a …

9 Replies to “Medicare & Employer Health Insurance If you’re covered in a …”

1. Thanks for covering this!

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   1. Absolutely! :o)

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2. 🙏🙏🙏

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3. If a man age 43 is on disability and has medicare part a and part b can he cancel both plans and have his mother put him on her health plan which is through government?

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   1. Thanks for your question. If on SSDI, you must keep Medicare Part A…but can cancel Part B, if you don’t need it (i.e. covered a group health plan based on active work, and the employer has 100+ employees). Whether this person can get on the group plan through the government (i.e. FEHB), you’ll need to check with your human resources contacts. Take care.

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4. So from what I understand here is not really a good thing to have medicare part A and B and a employer supplied health insurance, because I got to pay the medicare premium and and what ever partial premium from the employer supplied health insurance, Is that right? Also if I cancel part “B” of my medicare, when I quit working can I get it back with no penalty? Right now I’m retired but was offered a job that I like, now I don’t know what’s better for me, have 2 health insurances or drop one, but which one?

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   1. George – In general, yes…you don’t need Part B when covered on a large employer health plan (i.e. you’re 65+ and the employer has 20+ employees). You typically wouldn’t want to pay both the group plan premium and Part B premium. But there are some exceptions to that rule.

      For example, if you have ESRD (kidney failure), we always recommend keeping A & B when on a group plan of any size. Another example is Social Security disability situations. Sometimes those folks feel more comfortable having the extra coverage and paying both the group health premium and the Part B premium. But that’s a case-by-case basis.

      If you cancel Part B and join a large employer health plan, you can add it back again later without penalty when you come off that group plan (or up to 8 months after losing that coverage). As far as what you should do, I don’t know. It would require comparing the group plan coverage to Medicare with supplemental coverage, as well as the cost in both scenarios. Depending on your state of residence, we might be able to help you. If you don’t live in a state we’re licensed in, we can connect you with a trusted agent we know in your state. Email us at [email protected] and we’ll go from there. Thanks.

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5. What if the employee’s spouse has Medicare due to disability?

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   1. Hi Jennifer – I’m not exactly sure what your question is…specific to creating a My Social Security online account.

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