Re: Medicare/Employer Insurance if still working

Snowpuppy · ‎03-09-2010

@spumoni99 thank you for adding your experience!

My employer also offers health insurance to those who retire with required years on the job.

Nightowlz · ‎03-11-2010

@lkat wrote:
Thank you to everyone who responded. I really appreciate it. What everyone has said is what I thought, but I wasn't positive and it is a bit confusing with all the mail I have been getting. I thought AARP was a pain in the butt when I turned 50, but these Medicare things put them to shame!

I will contact my HR department on Monday to confirm with them.

You ladies are great, thank you for all the advice

@lkat

You need Form CMS-L564 to prove you had credible insurance coverage in order to sign up to Medicare after 65. DH just retired so signed up for B, D plus just signed up for his Medigap. He signed up for Part A at 65. I just signed up for A, B, D. I have til Aug to sign up to my Medigap.

Most of what you are getting in the mail is for Advantage Plans. I throw them in the trash.

DH was not collecting SS when he signed up so he had to pay 4 months up front plus billed for the next 3 months. When he did sign up to SS they started deducting his Medicare payments we had already paid so they owed us money. He had to pay 3 months up front for his Medigap. Now mine is starting so paying out the same since I'm not collecting my SS yet.

We ended up buying the book "10 Costly Medicare Mistakes You Can't Afford To Make" by Danielle Kunkle Roberts co-founder of Boomer Benefits $10 from Amazon which helped us figure it all out. I also had some help online.

hckynutjohn · ‎06-15-2015

Work past 65?

hckynut 🇺🇸

hckynut(john)

Snowpuppy · ‎03-09-2010

@hckynutjohn wrote:
Work past 65?

hckynut 🇺🇸

😄

Unfortunately John, I will probably be working past 65, too.

Some of us were waiting for "early out" offers but Covid got many more people to retire than anticipated and we are short staffed.

Carmie · ‎10-25-2010

@hckynutjohn wrote:
Work past 65?

hckynut 🇺🇸

Lots of people work past age 65. It is getting unusual for people who are 65 and over not to work.

Most work because they want to, not because they have to. 65 is not all that old anymore, though there are still stereotypes out there.

I had a doctor's appt this week for a well visit. The assistant wanted me to draw a clock and I laughed at her. I said next you will ask me to fill in the time to 11:10.

Then I said how about I draw a different time on the clock and you can tell me what time it is....or perhaps you need an analog clock.

I refused the clock and memory tests. Just because you are over 65 doesn't mean you lost your cognitive skills.

I just had a knee replacement. My surgeon is over 65.... lots of professional people are working and they are doing well.

Like you, I retired early, and like you I keep myself occupied mentally and physically.

teganslaw · ‎03-11-2010

I never had a well visit or required to take one to apply for SS. Neither have my friend or sister. This "Clock drawing" sounds strange. The only reason someone would take such a test is if they start to show signs of dementia. I don't understand the reasoning otherwise. It seems to be a waste of time for many people.

"The more I learn about people, the more I like my dog."

Mark Twain

CalminHeart · ‎03-09-2010

I received notice from my employer that my health insurance would terminate on the 1st day of the month in which I turned 65. You might want to talk to HR about their policy.

In my case, I saved $500 a month in premiums when changing from employer insurance to Medicare, a supplemental policy, and an RX policy. My out of pocket expenses went down to $180 per year, which is a lot less than I paid under my employer coverage.

CelticCrafter · ‎03-09-2010

@teganslaw wrote:
I never had a well visit or required to take one to apply for SS. Neither have my friend or sister. This "Clock drawing" sounds strange. The only reason someone would take such a test is if they start to show signs of dementia. I don't understand the reasoning otherwise. It seems to be a waste of time for many people.

This Wellness visit, which is a visit and not an exam, is not a requirement in order to sign up or keep Medicare.

It's a free,not subject to the Part B deductible, co-insurance or co-pays, intrusive BS waste of time done by a PCP. Other than screening for dementia, depression, vitals, current medications and recomendations, nothing else can be discussed.

If you have just original Medicare or original with a supplement you aren't even required to have a PCP. (Not talking about Advantage plans)

Carmie · ‎10-25-2010

@teganslaw wrote:
I never had a well visit or required to take one to apply for SS. Neither have my friend or sister. This "Clock drawing" sounds strange. The only reason someone would take such a test is if they start to show signs of dementia. I don't understand the reasoning otherwise. It seems to be a waste of time for many people.

Social Security is not Medicare and they're not related in any way. Many people have one, but not the other.

The wellness exam is mostly silly unless someone has dementia or if they are abused in their home. It's just a waste of time and tax payers money for most people.

There is a three page questioner attached to it as well. Doctors are supposed to administer the exam every 12 months. It's done to assess your health risks....falling, keeping your house safe with grab bars, getting rid of slippery throw rugs, etc.

Medicare does not cover physicals...but they pay this stupid wellness exam at 100%. Go figure.