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Anyone who does not have Medicare Part A and/or Part B cannot enroll in a standalone Part d plan.
or;
If you have enrolled in a Medicare Advantage Plan, other than a PFFS plan you cannot enroll in a stand alone part d plan.
or;
If you are outside the enrollment periods of November 15th - December 31st of each year you cannot enroll without a special election period.
What else can I help you with?
If you have another health plan do you still have to pay for medicare part b?
Usually your private plan will expect you to enroll in SMIB.
Who is eligible to enroll in a cafeteria plan?
Employees of an organization that offers a cafeteria plan are typically eligible to enroll, provided they meet certain criteria set by the employer. Common eligibility requirements may include being a full-time employee, completing a probationary period, or being in a specific job classification. Some employers may also impose age or service requirements. Ultimately, the specific eligibility criteria depend on the employer's plan design.
Are you eligible for Medicare part d if have a T after Medicare?
If you have Medicare Part A or B you should be eligible for a drug plan. You can check with Medicare to make sure and tto sign up. 1800MEDICARE
When can you enroll in a 401k plan?
You can typically enroll in a 401k plan when you start a new job or during your company's open enrollment period.
Does an employee with existing group health insurance have to enroll into Medicare at age 65 buy a supplemental plan then drop the group health insurance?
You have a choice to stay in your employer's plan or join Medicare. When you do stop working and lose your group health plan, make sure you enroll in Medicare within 8 months. You could also enroll in Medicare Part A (hospital coverage), and postpone enrolling in Part B (physician coverage) until you are done with your group health plan. Part A does not cost you a monthly premium. You would be over-insured, but the Part A benefit is available to you at age 65, whether you have other coverage or not.
Can you enroll in an FSA without a medical plan?
No, you cannot enroll in a Flexible Spending Account (FSA) without being enrolled in a qualified medical plan.
Which third party plan do Dual Eligible receive prescription drug benefits under?
medicare part D
How do I get a 529 savings plan started?
Each state has one or more 529 plan managers that can enroll you. You can also enroll with a financial advisor who has completed the necessary state paperwork.
Is there a penalty for not taking medicare B if covered under wife's insurance and is primary?
No, you are not subject the the late enrollment penalty if you were covered by an insurance plan or your spouse's insurance plan at the time you were eligible. Make sure you receive a copy of your creditable coverage letter once you plan to enroll in Medicare Part B, so you can prove you were covered. For more information on the time frames for enrolling in Part B should you lose or drop coverage, see the link below on the Medicare website to the Medicare & You Handbook, page 21.
Will you lose your Medicare and supplemental insurance if you do not enroll in the Medicare Advantage plan?
No, you will not lose your Medicare and supplemental insurance if you do not enroll in a Medicare Advantage plan. You can choose to stay with Original Medicare (Part A and Part B) and maintain your supplemental insurance (Medigap). However, if you opt for a Medicare Advantage plan, you generally cannot have both at the same time. It's important to review your options and coverage to ensure you make the best choice for your healthcare needs.
How can I seamlessly switch from an FSA to an HSA mid-year?
To switch from an FSA to an HSA mid-year, you must first exhaust your FSA funds or be eligible for a qualifying event. Once eligible, you can enroll in an HSA-compatible health plan and open an HSA account. Be sure to follow IRS guidelines and notify your employer of the change.
How many eligible employees must be covered in the noncontributory group health plans?
In noncontributory group health plans, all eligible employees must be covered, meaning that the employer pays the entire premium without requiring contributions from employees. Typically, to meet the minimum participation requirements, at least 70% of eligible employees need to enroll in the plan. However, specific requirements can vary based on state regulations and the terms of the health plan itself. Always check the specific guidelines outlined in the plan documents or consult with a benefits advisor for precise details.
